India’S Largest Gambling Operator Became Part Of The Fantasy-Sport Industry

Indian gambling company delta corporation announced the acquisition of 31,994 shares of chaleaplay technologies – founder halapley, site about fantasy sport.

Acquisition of almost 32 thousand. Shares is 15.5% of the total weight of the securities of halaption. Agreement will be finally fixed on may 1.

As part of the guassian networks private limited transaction – delta subsidiary – translates its division of fantasy sports in halapley. This will give gaussian extra 4.03% shares of halaption.

Delta’s desire to join fantasy sports is not surprising with the fact that kae capital and nazara games have already invested in the development of a platform for fantasy sports platform.

In the aggregate of delta corp and gaussian networks now speak almost one fifth part of halapley, which is 19.55% of the shares. This will allow the company to become a significant player in fantasy sports segment.

According to the information posted on the halaplay website, the portal is visited by more than 2 million users. Fantasy-sport is especially popular among indian youth. However, the participation of delta in the project will allow income to a qualitatively new level.

Halapley is currently the second largest fantasy platform in india, yielding only dream11. However, experts believe that after the company’s investor became delta corp, its position in the market may change.

Recall that delta corp limited is likely to continue to support positive financial results. It is expected that net income for the thred quarter of 2019 will reach 2.06 billion rupees ($ 29.22 million), which is 26.9% more than in 2018.

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