3 Tweets 13 reads Apr 15, 2022
For Delta Corp to be 1Lakh cr market cap ($13.3B)
it needs to be in Top 6 casino in the world
Las Vegas Sands $28.23B
Flutter $23.57B
Evolution Gaming $22.12B
MGM Resorts $18.10B
Aristocrat $16.44B
Caesars $14.74B
Entain $11.92B
Wynn $8.57B
DraftKings $6.73B
Penn Nation $6.27B
Las Vegas Sands (Top Casio in the world) sells for less than 4.5x Sales | EV by EBITDA 19.69x
Delta Corp sells for 13.2x Sales | EV by EBITDA 48.6x
Took me 2 mins to determine if Delta Corp is under/fairly/over valued compared to global peers
Top Listed Gambling Companies by Market Cap
Delta Corp is 27th

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