Content Writer: Janice Chew • Saturday, 26/01/2026 - 01:33:38 - AM
Delta Corp has discontinued operations at one of its casino properties in Goa, citing mounting financial pressure following India’s sharp increase in goods and services tax (GST) on gaming activities. The move underscores the growing strain on India’s casino sector after authorities imposed a 28% GST on online gaming, casinos and horse racing based on full face value of bets rather than net revenue.
Delta Corp stated that the decision was driven by commercial unviability under the revised tax framework. Industry observers note that Goa’s offshore casinos, long concentrated along the Mandovi River, operate on relatively thin margins once gaming taxes, licensing fees and operating costs are factored in, making them particularly vulnerable to sudden fiscal changes.
Broader market commentary suggests Delta Corp’s move may not be isolated. Analysts and local media have warned that the GST hike has significantly altered the economics of India’s gaming industry, with both land-based and online operators reassessing scale, staffing and capital deployment. Comparable concerns have been echoed by other Indian gaming firms, some of which have already reported slower growth or reduced marketing spend since the tax revision took effect.
Looking ahead, industry analysts believe sustained uncertainty over taxation and regulation could dampen future investment in India’s casino and gaming sector, particularly in Goa. While policymakers argue the higher GST regime brings clarity and parity across gaming formats, operators maintain that long-term sustainability will depend on whether tax policy evolves to better reflect operating realities, especially as tourism-driven destinations compete with regional gaming hubs elsewhere in Asia.