Delta Corp in talks to acquire Colombo Hilton - Indian media
March 18, 2011 02:28 pm
India’s largest gaming company Delta Corp is in talks to buy the Hilton Hotel in Colombo reportedly. Sources say the company is likely to build a casino in the hotel after the deal. Delta Corp has already applied for a license in Sri Lanka for a casino.
The 500 room, 5-star Colombo Hilton has reportedly been valued at $110 million.
The Colombo Hilton is listed on the Colombo Stock Exchange but has been in the ‘default board’ of the exchange for years. A Sri Lankan Minister has said that the government has ‘fully taken over’ the Colombo Hilton.
Delta Corp is the only listed gaming company in India. It owns and operates 3 offshore live gaming casinos in Goa on River Mandovi – Casino Royale, Caravela and King’s Casino. Delta Corp owns 3 out of the 6 offshore live gaming casino licenses issued by the Government of Goa.
These casinos offer a variety of international games like Baccarat, Poker, Roulette, Black Jack, etc.
Courtesy: NDTV
The 500 room, 5-star Colombo Hilton has reportedly been valued at $110 million.
The Colombo Hilton is listed on the Colombo Stock Exchange but has been in the ‘default board’ of the exchange for years. A Sri Lankan Minister has said that the government has ‘fully taken over’ the Colombo Hilton.
Delta Corp is the only listed gaming company in India. It owns and operates 3 offshore live gaming casinos in Goa on River Mandovi – Casino Royale, Caravela and King’s Casino. Delta Corp owns 3 out of the 6 offshore live gaming casino licenses issued by the Government of Goa.
These casinos offer a variety of international games like Baccarat, Poker, Roulette, Black Jack, etc.
Courtesy: NDTV
