'Matka' is well on its way to becoming the biggest disaster of the year. The film's budget is estimated to be Rs 40 Cr. Distributors will attain breakeven only if the film collects Rs 32 Cr.
On the release date, it collected Rs 0.90 Cr. A recovery as little as this is considered depressing even by the most charitable estimates.
After 'Ghani', 'Gandeevadhaari Arjuna' and 'Operation Valentine', Varun Tej was betting on 'Matka'. Playing a gangster in a period film is considered the greatest opportunity by most actors to break into the next league. If such a film flops, the opposite happens.
The failure of 'Matka' also spells disaster for a particular genre of movies. Gangster movies won't be attempted by others after this, especially because 'Gangs Of Godavari' was also in the same mold and flopped miserably.
