Asia Gaming eBrief: Delta Corp stays in red after GST provision
Old tax disputes are leaving a fresh mark on earnings. India’s Delta Corp reported an $11.2 million loss for the September quarter, its second consecutive quarterly deficit, after booking a further GST provision. Casino revenue also fell 13.4 percent year-on-year. Meanwhile, Fitch revised Light & W…
Old tax disputes are leaving a fresh mark on earnings. India’s Delta Corp reported an $11.2 million loss for the September quarter, its second consecutive quarterly deficit, after booking a further GST provision. Casino revenue also fell 13.4 percent year-on-year. Meanwhile, Fitch revised Light & Wonder’s outlook to Positive, expecting debt repayments and EBITDA growth to reduce leverage. In Japan, Fukuoka’s governor is calling for an “extremely careful” review of Oto’s proposed integrated resort, with the prefecture’s decision central to whether the plan moves forward. The post Asia Gaming eBrief: Delta Corp stays in red after GST provision first appeared on Asia Gaming News | AGB - Asia Gaming Brief.