Thu. Sep 24th, 2020

COVID 19: GOA CASINOS INDUSTRY SURGES DOWNWARDS OVER 60% SINCE VIRUS OUTBREAK

Weeks after the spate of COVID -19 in India, Goa based casino operations starts facing financial impact. According to Bombay Stock Exchange, the share value of Delta Corp LTD surged downwards more than 60% after Corona outburst.  Shares of listed Delta corp trading at an average price of Rs. 200 in February 2020 has plunged to Rs. 63.10 on Friday.     

Speaking to Goajunction,  Goa Casino Baron and Managing Director of Casino Pride  Shrinivas Nayak said that “We have taken all precautionary measures to ensure and prevent the virus outbreak on casino vessels”.    He maintained that “All staff are been given paid holiday while the casino business in the state has been closed, hence our operational cost are increasing”. 

Shrinivas  claims that all casino vessels in Goa have been sanitized.  He said that “All staff are instructed to stay at home and extend support to Indian prime ministers social distancing campaign to combat the pandemic”.

Nayak , further said that casino industry will take a call upon seeking relaxations into taxation and resumption of casino operation in Goa after 31st March 2020.  

The state government last week closed down operations of tourism activity including casino operation to prevent  COVID 19 spread.

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