Discover Casinos
Discover Tables
Discover Providers
Discover Games
Discover Deposit Methods
Best Live Casinos
Popular In UK
Top Live Dealer Tables
Native Tables
Game Guides
Other Pages
Best Software Providers
Popular List
Best Payment Methods
Most Popular
Best Bonuses
Our Favourite Offers
Country Specific Pages
Popular List

Delta Corp Promotes Shivanandan Pare As CEO Of Gaussian Networks

Posted on February 11, 2021 | 9:07 am

Delta Corp, the biggest casino operator in India, has appointed a new Chief Executive Officer of Gaussian Networks, the company which operates online poker and rummy platforms Adda52 and Adda52Rummy.

The new Chief Executive Officer of Gaussian Networks is Shivanandan Pare, who has been in charge of Adda52Rummy since July 2020. The new CEO has previously been the head of the new digital business at Aditya Birla Fashion and Retail Ltd. and has also served as chief operating officer of Bigadda at the Reliance Group.

Gaussian Networks was purchased by Delta Corp in 2017 and now it operates as a subsidiary of the casino and hospitality company. The acquisition deal was worth around 2.2 billion rupees.

That was the first step into online gambling for Delta Corp Limited, a company which owns and operates six land-based casinos in India, including off-shore locations.

Moreover, at the end of 2020 the company received provisional approval from authorities in the state of Goa to build an integrated casino resort in the city of Pernem.

This venue would be the first ever land-based casino resort in the state of Goa, and alongside the casino the plans for the resort include hotels, a convention center, a multiplex cinema, shopping facilities and a water park.

Read More

Online Expansion Continues

After having acquired Gaussian Networks, Delta Corp also bought a 19.5% stake in fantasy sports company HalaPlay, investing alongside gaming company Nazara Technologies.

The online division of the company became increasingly important during 2020, when Delta Corp was forced to suspend its activities at land-based casinos for months during the coronavirus pandemic lockdowns.

In fact, the online division managed to produce a profit of 13 million rupees in the third quarter of 2020 while the entire company had a revenue drop of 77.5% compared to the same period in 2019.

Moreover, set an important landmark for the industry as it organized the first World Poker Tour Online Series in India, in partnership with World Poker Tour.

Source: “Shivanandan Pare Elevated To CEO Of Gaussian Networks, Which Runs Adda52 Poker, Rummy“Medianama. January 27, 2021.

Read More

To make this site work properly, we sometimes place small data files called cookies on your device. T&C