Offline casino business already pays 28% (75% revenue FY23)
Online business will have a +10% tax from 18% GST.
Negative effects on DeltaCorp(https://twitter.com/hashtag/DeltaCorp?src=hashtag_click)
- loss of some revenue
- loss of investment/FDI
- loss of mkt share to illegal gaming
So -25% mcap overreaction?
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