Delta Corp has temporarily shelved its proposed ₹2,000–2,500 crore integrated resort and casino township in Dhargal, Goa, citing uncertainty over potential changes in the GST regime. The company is awaiting clarity on reports that the government may raise the GST rate on casinos from 28% to 40% under the proposed GST 2.0 framework. Chairman Jaydev Mody warned that a 40% tax rate would render the sector unviable, jeopardizing thousands of jobs, reducing state revenues, and deterring tourism. The project, envisioned as India’s first integrated casino resort on 90 acres near Mopa Airport, was slated for completion by 2027 and expected to generate 10,000 direct jobs. However, with the GST Council meeting underway and a PIL pending at the Bombay High Court in Goa, the project remains on hold. The news comes as Delta Corp’s stock has fallen 25% in 2025 and 37% over the past year, reflecting investor concerns over regulatory risks in the gaming sector. The delay underscores the industry’s vulnerability to policy shifts and highlights the need for a stable tax framework to support large-scale investments in India’s nascent integrated resort space.

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