Delta Corp. Ltd. (india) · NSE:DELTACORP
Delta Corp. Ltd. (india) — Delta — Investor Presentation (March 2012)
31 slides from Delta Corp. Ltd. (india)'s investor presentation, March 2012
Slide 1: Management Presentation March 2012
Management g Presentation M h 2012 March
Slide 2: Disclaimer
Di l i Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward forward looking statements, statements ” including those relating to general business plans and strategy of Delta Delta, its future outlook and growth prospects pros
Slide 3: Table of Contents
T bl off Contents Table C t t 1 I t d ti Introduction 3 2 Key Highlights 7 3 G i g and Gaming dHHospitality pit lity 20 4 Appendix 26 2
Slide 4: 1. Introduction
Slide 5: Delta Corp Limited Overview
D lt C Delta Corp p Limited Li it d Overview O i ♦ Primary y business is Gaming y, with interests in real estate development g & Hospitality Hospitality, p p ♦ The leading gggaming p y in India with 3 of 6 live gaming g company g g licenses in Goa and currentlyy offering g 700 gaming i positions iti
Slide 6: Delta Corp has secured the Most Attractive Locations in India
Delta e a Corp Co p has as secured secu ed the e Most os Attractive ac e Locations oca o s in India da Delta has a unique q advantage g of being g present p in the most attractive locations for gaming g g China Pakistan Nepal Sikki Sikkim Gujarat Daman Mumbai Goa Colombo S iL Sri Lanka k 5
Slide 7: Corporate History
C p t History Corporate Hi t y 2011 12 2011-12 2010 11 2010-11 2008 10 2008-10 2007 08 2007-08 2006-07 ♦ Acquired A q i d 51% stakes in Daman Hospitality and 1990-91 1990 91 Daman ♦ Acquired third off – Entertainment shore casino, i C i Casino ♦ Demerged Textile Prime ♦ Acquired 76% stake business i
Slide 8: 2. Key Highlights
Slide 9: Key Highlights
K Hi Key Highlights hli ht 1 India represents one of highest potential growth gaming markets in the world D lt iis the Delta th largest l t operator t ini the th market, k t and d the th only l operator t ththatt iis a public bli company with ith 2 capital it l markets k t access 3 Delta has secured
Slide 10: Asia has become the Epicentre of the Gaming Industry
A i h Asia has b become the th Epicentre E i t off the th GGaming i Industry I d t Major j Global Gaming g Centre Revenues Asia Gaming g Revenue As % of Total Gaming g Revenue (US$ bn) b ) (US$ b bn, %) $37 9 $37.9 $33.0 40 1% 40.1% 39 1% 39.1% 37 1% 37.1% 34.3% 29.5% $23 5 $23.5 21 7% 21.7% 19 7% 1
Slide 11: India's Economy Is Expanding Rapidly
I di ’s E India’s India Economy IIs E Expanding di Rapidly R idl 2nd Highest g GDP Growth Rate in the World Per Capita p Income(1) Growth to Remain Strong g 2011E GDP G Growth th Rate R t (%) P C Per Capita it IIncome G Growth th Rate R t (%) Forecasted FY’11E – FY’14E CAGR Historical FY FY’08 08– F
Slide 12: India's Private Consumption Poised for Growth
I di ’s Private India’s India Pi t C Consumption ti Poised P i d for f Growth G th Private Consumption p to Grow ~7x 7x in 15 Years Travel & Leisure Spending p g to Accelerate N i lP Nominal Private i t C Consumption ti (US$ bn) b ) 2009 – 2014E C Consumer S Spending di G Growth th 14 9% 14.9% 5,972
Slide 13: India has a Favourable Demographic Profile
I di h India has a F Favourable bl Demographic D hi Profile P fil India Has a Large g Young g Population p Indian Economyy Becoming g More Affluent Population between age of 15 – 59 years (mn) % of population with annual income over INR 200 200,000 000 851 2 851.2 43% 806.4 743 4 743.4 21% 5% 2011 2
Slide 14: India Gaming Market Has Untapped Potential
I di G India Gaming i Market M k t Has H Untapped U t d Potential P t ti l Lottery y tickets – for the ‘mass’ mass Cricket betting g – in Indian blood ! $ 5b $1 $1.5bn Industry Ind stry wagered g in valued at one World $12 5bn $12.5bn Cupp match Horse Racing g – for the ‘upper upper pp crust’ crust
Slide 15: Delta Owns 3 of 6 Live Gaming Licenses in Goa
D lt O Delta Owns 3 off 6 Li Live G Gaming i Licenses Li in i Goa G D lt iis th Delta the market k t lleader d iin G Goa with ith 80% offshore ff h market k t share share, h 3 gaming g g licenses and where no new licenses are expected p to be issued ♦ Goa has issued 6 live offshore licenses ((1)), o
Slide 16: Most Attractive Locations in India - Goa
D lt has Delta h Secured S d The Th Most M t Attractive Att ti L Locations ti in i India I di - Goa G Goa is widely expected to become the gaming capital of India Popular p Tourist ♦ Famous for its beaches and long stretch of coastline (131 km) D ti ti Destination ♦ Attracts 2 million tourists per y
Slide 17: Most Attractive Locations in India - Goa
D lt has Delta h Secured S d The Th Most M t Attractive Att ti L Locations ti in i India I di - Goa G Goa is located within a 3 hour flight from all of India and Sri Lanka ♦ Close proximity to major Indian cities cities, located just an hour flight from Mumbai, M b i, Bangalore, B g l , Chennai, Ch
Slide 18: Most Attractive Locations in India - Daman
D l has Delta h Secured S d The Th Most M Attractive A i Locations L i in i India I di – Daman D Daman is favourably positioned to become a leading gaming and leisure destination ♦ Located along the coast in the state off Gujarat G Gujarat, but governed by the same gambling act as th thatt off G Goa
Slide 19: Most Attractive Locations in India - Daman
D l has Delta h Secured S d The Th Most M Attractive A i Locations L i in i India I di - Daman D Strategically located near Mumbai and Gujarat, Gujarat Daman is positioned for rapid growth ♦ Daman is only a 2.5 2 5 hour drive from Mumbai and contiguous to the state of Gujarat Gujarat, one of the mos
Slide 20: Sri Lanka Gaming Market Poised For Rapid Growth
SiL Sri Lanka k Gaming G i g Market M k t Poised P i d For F Rapid R pid Growth G th Sri Lanka is well positioned p to become a South Asia gaming g g hub ♦ With the end of the 25-year 25 year civil war in May of 2009 2009, tourism in Sri Lanka has experienced rapid growth over the past 2 years with
Slide 21: 3. Gaming and Hospitality
Slide 22: Delta Properties
D lt P Delta Properties p ti Offshore Casino Year Opened Gaming Table Casino Ownership Location Slots Status /A Acquired q i d P iti Positions P iti Positions Casino Royale 2008 100% Goa 500 470 30 Operational Expected Opening Kings Casino 2011 100% Goa 1 500 1,500 1 250 1,250 250 Date: 3Q 2012 2012
Slide 23: Casino Royale - Goa
C i R Casino Royale y l - Goa G Largest g offshore g gaming g casino currentlyy operational p in Goa, Goa, India Overview ♦ Highstreet g Cruises & Entertainment (100% ( Subsidiaryy of DCL)) entityy has casino license Casino Royale ♦ India I di ’s largest India’s l t live li offshore ff h gamingi cas
Slide 24: Kings Casino - Goa
Ki g C Kings Casino i - Goa G Kings g Casino on board M M.V. V Horseshoe will become the largest g offshore casino in Goa O Overview i ♦ Victor Hotels and Motels (100% Subsidiary of HCEPL) has casino license ♦ Purchased P h d vessell from f C Caesar’s ’ in i April Ap il 2011 and dppropose p t replac
Slide 25: Casino Prime - Goa
C i Prime Casino Pi - Goa G First live offshore casino in India, India, 51% % owned byy Delta Pleasure Cruise Company p y Pvt. Pvt Ltd. Ltd Overview ♦ Casino license held in Delta Pleasure Cruise Company Private Limited (DPCCPL) entity 51% owned by Delta ♦ India India’s s first offshore live gaming
Slide 26: Thunderbird Resorts - Daman
Th d bi d Resorts Thunderbird R t - Daman D Largest g integrated g resort complex p to be built in Daman O Overview i ♦ Largest contiguous integrated resort in Daman ♦ Only foreseeable land based casino in Daman ♦ Spread Sp d over 10 acres ♦ Expected opening May 2012 G i gF Gaming Facilities iliti ♦
Slide 27: 4. Appendix
Slide 28: Strong Financial Performance
St g Fi Strong Financial i lPPerformance f Quarterly y Gaming g Revenues (US$ ( $ Mn.) Mn ) 9 83 8.3 7.7 8 Mn.) 7 e (($ Mn 56 5.6 56 5.6 57 5.7 6 4.6 47 4.7 5 ue 4 venu 3 Rev 2 Re 1 0 Q1 FY11 Q1-FY11 Q2 FY11 Q2-FY11 Q3 FY11 Q3-FY11 Q4 FY11 Q4-FY11 Q1 FY12 Q1-FY12 Q2 FY12 Q2-FY12 Q3 FY12 Q3-FY12 Gami
Slide 29: Corporate Structure
C p t Structure Corporate St t Delta e ta Corp Co p Limited ted 100% 100% 100% Delta Leisure and Delta Hospitality p y and Delta Real Estate Entertainment Pvt. Pvt Ltd Ltd. Leisure Pvt. Pvt Ltd Ltd. 100% 76% 51% 51% 51% 40% Daman Daman Hospitality Highstreet g Cruises Delta Pleasure Cruise Real Esta
Slide 30: Shareholder Structure
Sh h ld Structure Shareholder St t Shareholding g Structure as of December 31, 31, 2011 Keyy Shareholders ♦ Delta’s D lt ’ p t , Jaydev promoters, J yd Mody M dy and d others, th , hold h ld 42.3% 42 3% of the Company’s p y shares through g a multitude of investment vehicles – Jaydev Mody has over 2
Slide 31: Thank you
Thank you An