Casino and hotel operator Delta Corp has announced the closure of operations at The Zuri White Sands Goa, Resort and Casino, managed by its subsidiary Delta Pleasure Cruise Company. The company confirmed that operations will cease on January 9, 2026, citing continued operating losses as the primary reason.
Financial Impact of Closure
Delta Zuri contributes 2.13 percent of Delta Corp’s turnover, amounting to Rs 155.1 million (US$1.72 million). The property also carries a negative net worth of Rs 152.6 million (US$1.68 million). Delta Corp stated that the decision will not heavily affect its overall financial position, as the casino accounts for a small portion of group revenue.
GST Pressure and Strategic Realignment
The closure aligns with Delta Corp’s broader strategy to realign finances following the government’s increased GST on casinos. The company had earlier suspended its integrated resort and township project in Dhargal, Goa, due to similar concerns. Group chairman Jaydev Mody previously warned that higher GST rates would challenge the viability of casino operations in the state. “The increased tax burden makes it difficult to sustain certain properties,” Mody said in a statement.
Industry Context
India’s casino sector has faced mounting regulatory and tax pressures, forcing operators to reconsider expansion plans. Delta Corp remains India’s largest listed casino operator, with properties in Goa and Sikkim. According to Focus Gaming News, the company continues to evaluate its portfolio to ensure long-term sustainability in a changing market environment.
The closure of Zuri White Sands marks another step in Delta Corp’s restructuring efforts, reflecting the challenges of balancing taxation, profitability, and future growth in India’s evolving gaming industry.
