Search Results for: "nepal"

Trio of Nepalese slot parlors ordered to close due to licensing fee failure

April 4, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Licenses, Nepal, Fines, Lawsuits & Litigation

The government for the small Asian nation of Nepal has reportedly revoked the licenses of three land-based gambling establishments after the trio refused to hand over a combined $7.3 million in outstanding fees...

Uncertain future for Nepal’s Tiger Palace Resort Bhairahawa

Adam Morgan

September 16, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships, Nepal

In Nepal and some 400 workers at the gambling-friendly Tiger Palace Resort Bhairahawa have reportedly had their employment terminated owing to the ongoing financial woes of the facility’s owner, Silver Heritage...

Delta Corp receives casino licensing approval in Nepal

Sadonna Price

January 13, 2020

Latest Casino and Gambling News, India, Licenses

Delta Corp has been approved for a casino gaming license in Nepal. The group will offer gaming via a Marriott Hotel in the region, with operations set to start soon. Details of the Approval: General Manag...

Silver Heritage Group Limited hit with second Nepalese injunction

Adam Morgan

August 27, 2019

Casino Sales, Latest Casino and Gambling News, Casino News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Nepal

Asian casino operator, Silver Heritage Group Limited, has reportedly announced that it has been served with a second interim injunction in Nepal relating to a plan that is to see it sell off its Tiger Palace Re...

Silver Heritage Group Limited secures land for third Nepalese casino

Adam Morgan

August 28, 2018

Latest Casino and Gambling News, Casino proposals, Casino News, Mergers, Acquisitions & Partnerships, Nepal

After fully opening its Tiger Palace Resort Bhairahawa venue in January, Silver Heritage Group Limited has now announced a deal that has seen it secure an 18.4-acre parcel of land for the purposes of building a...

Nepal operators unhappy with apparent government u-turn

Adam Morgan

August 2, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Taxation, Nepal

Tourism and casino operators in the mountainous Asian nation of Nepal have reportedly expressed disappointment at an apparent government move to scrap proposed bespoke legislation that would have governed the l...

Silver Heritage working with Nepal government on licenses

K Morrison

April 10, 2018

Latest Casino and Gambling News, Licenses, Nepal

Hong Kong-based Silver Heritage Group Ltd (ASX:SVH), which operates and manages, through wholly or majority-owned subsidiaries, Asian casinos and gaming assets in Vietnam, Nepal and Laos, reportedly said that i...

Second warning issued to royalty-defaulting Nepal casinos

K Morrison

March 12, 2018

Latest Casino and Gambling News, Casino News, Nepal, Fines, Lawsuits & Litigation

In Nepal, after a week ago today issuing a three-day ultimatum to a total of five reportedly tax-defaulting casinos and mini-casinos, on Saturday a public notice was issued by the Department of Tourism directin...

Nepal govt issues tax-defaulting casinos three-day ultimatum; report

K Morrison

March 6, 2018

Latest Casino and Gambling News, Taxation, Nepal, Fines, Lawsuits & Litigation

In Nepal on Monday, three reportedly tax-defaulting casinos and two mini-casinos were served with a three-day ultimatum by the Department of Tourism to either pay what’s owed or face legal action. The Kathma...

Tiger Palace Resort Bhairahawa fully opens in Nepal

Adam Morgan

January 1, 2018

Latest Casino and Gambling News, Casino News, Casino openings, Nepal

Asian casino operator Silver Heritage Group Limited reportedly opened the casino inside its Tiger Palace Resort Bhairahawa venue in Nepal yesterday evening after receiving a gambling license late last week. ...

Silver Heritage confirms 2017 Nepal casino opening

Lars Jones

August 25, 2017

Latest Casino and Gambling News, New Hotels, Casino project updates, Nepal

Australian listed Silver Heritage Group (ASX: SVH) has confirmed earlier reports that their much anticipated Tiger Palace Resort Bhairahawa will open in phases beginning in September with the casino opening bef...

Silver Heritage Group increases funding for Nepal casino resort

Lars Jones

August 21, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Nepal

Silver Heritage Group Ltd announced Monday that they had secured another $5 million for Nepal subsidiary, Tiger One Pvt Ltd, bringing the company's Tiger Palace Resort Bhairahawa another step closer to opening ...

Silver Heritage Group increases budget for under-construction Nepal casino

Adam Morgan

March 24, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Nepal

Asian casino operator Silver Heritage Group has increased the budget for its under-construction Tiger Palace Resort Bhairahawa in Nepal by over 34% and begun raising additional funds to cover the escalating cos...

Silver Heritage Group delays opening of new Nepal casino

Adam Morgan

February 6, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Nepal

After announcing in October that it intended to open its new Tiger Palace Resort later this month, Asian casino operator Silver Heritage Group has now delayed the launch after encountering “temporary unexpected...

February soft launch for Nepal’s Tiger Palace Resort

Adam Morgan

October 24, 2016

Latest Casino and Gambling News, Casino project updates, India, Nepal

After July saw it launch an initial public offering that raised approximately $18.8 million to help fund future projects, Asian casino operator Silver Heritage Group has now announced that its under-constructio...