I undertand online poker segment well. And Deltas online presence i.e Adda52 which was the market leader 3-4 yrs back has been doing very poorly lately. Its a space where small pvt sites( majorly poker baazi) using customer centric approach took market share away from Adda52 little by little and adda52s management always stayed adamant in there approach and never changed. They are near about done and dusted from that space and right now 3-4th in revenue in that space even in a small market wth max 5-6 good active players.
This is 1 reason am nt taking positions in Delta even when it went down below 110. I just dnt see a good time for them in near future unless the GST method moves back to the old approach
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