Tagged nepal

Delta Corp receives casino licensing approval in Nepal

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 agrees Vietnam compensation deal

Adam Morgan

March 20, 2019

Latest Casino and Gambling News, Casino News, Casino closures, Economy/Finance, Mergers, Acquisitions & Partnerships, Vietnam

Asian casino operator, Silver Heritage Group Limited, has announced that it is to receive some $5.25 million in compensation after agreeing a deal linked to the recent closure of its gaming operation inside nor...

Another senior resignation at Silver Heritage Group Limited

Adam Morgan

May 22, 2018

Latest Casino and Gambling News, Employment & Careers, Asian Casino News

Only two weeks after David Green abruptly stood down as its Chairman, and Asian casino operator Silver Heritage Group Limited has announced that Richard Barker has resigned in a similar sudden fashion as a non-...

David Green resigns at Silver Heritage Group Limited

Adam Morgan

May 8, 2018

Latest Casino and Gambling News, Employment & Careers, Asian Casino News

Asian casino operator Silver Heritage Group Limited has announced that David Green has abruptly resigned as its Chairman and has been replaced on an interim basis by independent director Matthew Hunter. Sydn...

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...

Provisional approval for planned Indian casino

Adam Morgan

December 18, 2017

Latest Casino and Gambling News, Casino proposals, Casino News, India, Licenses

In India, last week reportedly saw local firm Golden Play Pvt Limited receive a provisional license that will allow it to prepare the groundwork in advance of opening a new casino inside the Hotel D’Wang in the...

Silver Heritage Group Limited details first-quarter revenues of nearly $3.97 million

Adam Morgan

May 2, 2017

Latest Casino and Gambling News, Hong Kong, Economy/Finance, Nepal, Vietnam

Asian casino operator Silver Heritage Group Limited has reportedly filed a business update in which it reported first-quarter revenues of nearly $3.97 million with some 61.6% of these coming from its Phoenix In...

Lucrative year on the cards for RGB International

Adam Morgan

March 27, 2017

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Malaysia

Malaysian electronic gaming machine manufacturer RGB International has reportedly declared that it is hoping to deliver equipment worth about $40 million this year to clients across Asia including those in the ...

Delta Corporation Limited receives Sikkim casino license

Adam Morgan

January 17, 2017

Latest Casino and Gambling News, Casino openings, India, Licenses

After months of delays, Indian casino operator Delta Corporation Limited has finally received a provisional license to operate a casino in the small north-eastern state of Sikkim and now intends to open its Cas...

Silver Heritage Group Limited warns of deficits in annual predictions

Adam Morgan

November 1, 2016

Latest Casino and Gambling News, Economy/Finance, Asian Casino News

After undergoing a $18.8 million initial public offering in August, Asian casino operator Silver Heritage Group Limited has announced that it is likely to “fall short” of its predicted annual revenues and adjus...

Silver Heritage Group is going public in Australia

Adam Morgan

July 27, 2016

Latest Casino and Gambling News, Economy/Finance, Asian Casino News

Asian casino operator Silver Heritage Group has launched an initial public offering in hopes of raising approximately $18.6 million to help fund future projects including its under-construction Tiger Palace Res...

Union Gaming says Nepal might become the next Macau

Alex Lanter

August 17, 2015

Latest Casino and Gambling News, Asian Casino News, Macau, Nepal

Even though Nepal is not on the radar of most casino investors, the gambling industry in the country is growing. A report from Union Gaming Securities Asia Limited says that Nepal might likely become the world’...

Casinos in Nepal back in business after quick recovery from devastating earthquake

Renee Kingsley

May 12, 2015

Casino openings, Casino closures, Nepal

Nepal is very small country that is extremely popular with tourists due to attractions such as the Himalayan Mountains and particularly, Mount Everest. Nepal is one of three countries in the world seismologists...

Nepali government may amend casino regulations to spur openings

Jenn G

March 16, 2015

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

The current Casino Regulation is in the process of being amended as the government has revealed that even the casinos that have already cleared their dues are hesitant to jump back into business with the new ru...

Goa India based Casino Pride coming to Nepal

Lars Jones

March 12, 2015

Casino proposals, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Casino openings, Mergers, Acquisitions & Partnerships, Nepal

A third casino operation has gained approval under the new casino regulations which shut down Nepal casinos last year. Goa Coastal Resorts, owners and operators of the Pride Group of Casinos and Hotels in India...