However, there are a number of online gaming companies, which are largely unregulated and operate within the exception for games of skill. However, in India there is only one listed company which runs physical casinos-Delta Corp Ltd. What are casino stocks?Ĭasino stocks are shares of companies that run casinos where gambling or game of chance is allowed. However, online gaming like fantasy sports and real money games are unregulated and operate within the exception for games of skill as opposed to games of chance.Ĭasinos and gaming companies suffered a setback recently when the Goods and Services Tax Council decided to levy a uniform GST of 28% on the entire stake for casinos, horse racing and online gaming rather than imposing a rake fee and removed the distinction between a game of chance and a game of skill. Casino is a heavily restricted sector in India with only three states-Goa, Sikkim and Meghalaya-and the union territories of Dadra and Nagar Haveli and Daman and Diu legalising casino games.
