Delta Corp announced last month that the company's casinos in Goa will stay closed until July 26 due to the state government's extension of the covid-induced prohibitions. However, on July 25, the Goa government extended the statewide curfew until 7 a.m. on August 2 to combat the risk of COVID-19.
''Due to the surge in COVID-19 cases being witnessed in Goa, the Government of Goa inter-alia has extended the restrictions in the state till July 26, 2021. Accordingly, the casinos operated by the Company and its subsidiaries in Goa will remain closed during this period,'' Delta Corp stated in a stock market report.
The company mentioned that it seems to be unable to calculate the extent of potential losses due to the temporary shutdown and the epidemic at this point of time.
When compared to the fourth quarter of last year, the company stated a combined net loss of Rs28.93 crore in the first quarter of this year, with sales dropping 64.1 percent from Rs211.34 crore to Rs75.87 crore, however, they were up 57% year over year.
The company, on the other hand, announced last month that its operations in Sikkim would restart on July 6. “The Government of Sikkim has allowed reopening of the Casinos in the State subject to the safety norms being followed. Further the company and/or its subsidiary operating the Casino in the state of Sikkim will resume its operations from July 06, 2021 and will follow all the safety norms laid down by the state in this regard," the company had mentioned.
The previous month, Delta Corp's stock was trading nearly 1% lower on the BSE, at 180.65 per share.
The nationwide curfew in Goa had been extended till July 26 with the same relaxations and limitations, Chief Minister Pramod Sawant announced on Sunday. The state administration declared a curfew from July 11 to July 19.
Curfews, which the government refers to as prohibitions on movement and businesses, were first implemented on May 9 and have since been extended several times. "The State Level Curfew Order will be extended until 7 a.m. on July 26th, with the same limitations and relaxations," tweeted Chief Minister Pramod Sawant.
Shops were allowed to stay open from 7 a.m. to 6 p.m. during previous relaxations. The saloon and the outdoor sports complex/stadium were also permitted to stay open.
However Chief Minister Pramod Sawant tweeted that the State Level Curfew Order will be extended up to 7 am, 2nd August 2021, as the Goa government on 25th July prolonged the statewide curfew until 7 a.m. on August 2 to prevent the spread of COVID-19.
Latest update: COVID-19-curfew in South extended till August 9, operation of casinos prohibited South extended till August 9, operation of casinos prohibited
As per the recent report of Timesnow news, the South Goa district administration has extended the COVID-19 curfew under their jurisdiction till August 9. In its latest order, the administration barred the operation of casinos, auditoriums, cinema halls, spa and massage parlours, river cruises and water parks till August 9.
According to the South Goa district administration order, several activities have been prohibited along with casino's.
Due to the ongoing Covid-19 pandemic crisis and highlighting the possibility that a public assembly might worsen the COVID-19 situation in both the state and the country, South Goa district administration extended the curfew.
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