Rakesh Jhunjhunwala forecasted Pan-India Casino Legalization

By superadmin
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  • 10 February,2019

Rakesh Jhunjhunwala is one of the leading names in the Indian stock market. Currently, he is the largest individual investor in the domestic equities market. The Economic Times referred him as “The Pied Piper of Indian bourses.”

Rakesh Jhunjhunwala said that casinos and gambling would soon be legalized over the country while speaking at the TiECON Summit on 7th February, at NCPA Grounds, Mumbai. He stated his love for gambling and also predicted that only little time left before India legalizes casino operations within the country as with Goa.

Jhunjhunwala has been quite bullish when it comes to gambling and gaming sectors, believing in its burgeoning market. He, along with his wife Rekha, have substantial investment in Delta Corp Ltd, the parent company of the famous Deltin Royale in Goa, among others, and the owner of the online gaming site Adda52. The couple owns around 7.3% stake in Delta Corp and are among the board of directors in the company too.