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Why are Delta Corp shares up 14% today? Explained

Why are Delta Corp shares up 14% today? Explained

Delta Corp shares jumped 14% today after the Union Cabinet approved an amended Gaming Bill, which is scheduled to be introduced in Parliament tomorrow. The bill aims to regulate online gaming and includes penalties for illegal betting activities, signaling the government's intent to tighten oversight in the fast-growing sector.
According to CNN News18, the proposed legislation will bring stricter compliance requirements for operators of real-money and betting-linked platforms. Market experts are closely watching how these rules could affect revenue models for listed and unlisted gaming companies.
Delta Corp shares saw strong trading activity today, moving between a low of ₹82.84 and a high of ₹96. The stock opened at ₹83.63, slightly above yesterday's close of ₹83.50. Over the past 52 weeks, Delta Corp has traded as low as ₹76.66 and reached a high of ₹142.18.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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