Goa Investment Promotion Board gives green light for Delta Corps Goa integrated resort

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Goa, India

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A planned integrated resort development by Indian gaming giant Delta Corp in Goa has been granted approval by the Goa Investment Promotion Board.

According to The India Times, the IR is one of 11 investment projects given the green light this week during the Boards first meeting since being reconstituted in the wake of the COVID-19 pandemic.

The meeting was chaired by Goas Chief minister Pramod Sawant with Industries Minister Vishwajit Rane and Industrial Development Corporation chairman Glenn Ticlo also present.

Our IPB meetings chaired by Pramod Sawant have been focusing on clearing projects on fast-track mode, said Rane.

Delta Corp first announced its IR plans in December after receiving initial approval from the Goa Investment Promotion and Facilitation Board. The development will consist of hotels, a convention center, multiplex cinema, retail area, electronic casino, water park and other facilities at Pernem, located in the states north.

The integrated resort is expected to be one of its kind in the country, the company said at the time. The project is expected to boost tourism, employment and infrastructure of the state of Goa.

Delta Corp, which operates three floating casinos on Goas Mandovi River plus three land-based casinos in Goa and Sikkim, is the only casino firm in India to be listed on the National Stock Exchange of India.

It also owns Indias most popular online poker and rummy site, Adda52, and early this year opened a casino at the Marriott Hotel in Kathmandu, Nepal.