Tag Archives: Nepal

Silver Heritage Group has now held the grand opening of its first 5-star integrated resort – Tiger Palace Resort in Bhairahawa, Nepal. Led by a vision to transform South Asia’s entertainment landscape, the grand opening event was spread over two days, Saturday, 16 March and Sunday, 17 March 2018. Guests witnessed dance performances by Ukrainian…

Five casinos in Nepal are facing potential closures after the Department of Tourism served a three-day ultimatum on them to pay their owed taxes or face legal action. The Department said: “We have served a three-day ultimatum on tax defaulting casinos and mini-casinos, and if they do not pay heed to the department’s orders, they…

Nepal operator Silver Heritage Group said revenues at its Tiger Palace Resort in Bhairahawa ‘surpassed the previous quarter in producing the strongest quarterly sales revenue since the company’s Initial Public Offering in August 2016.’ Total unaudited sales revenue for the fourth quarter of 2017 came in at US$5.44m, up from US$4.76m for the third quarter,…

The gaming floor is now open at Tiger Palace Resort Bhairahawa in Nepal, the long-awaited casino resort owned by Silver Heritage Group. It was issued with its casino license over the festive period with casino operations officially starting on December 28 2017. The company stated: “Silver Heritage Group Limited is pleased to announce that, as…

Silver Heritage is closing in on being able to open the gaming floor at its Tiger Palace Resort Bhairahawa following an announcement from the Ministry of Culture, Tourism, and Civil Aviation of Nepal (MOCTCA) that it has awarded a 5-Star Hotel Rating to the hotel at the resort. The company now has the documentation required…

Indian operator The Deltin Group is to run a casino at a flagship Marriott hotel currently under construction in Naxal, Kathmandu. A Memorandum of Understanding has been signed (MoU) by The Deltin Group and the hotel’s owners Everest Hospitality and Hotel Pvt. The Marriott Kathmandu is scheduled to start operation from June next year. And…

Silver Heritage Group Limited announce that Tiger Palace Resort Bhairahawa in Nepal has welcomed its first paying guest with the hotel now open with the casino opening to follow in roughly six weeks. Silver Heritage stated: “The company is pleased to confirm that the development of Tiger Palace continues ahead of schedule and within the…

Nepalski operater igralnic Silver Heritage je potrdil, da se bo njihova igralnica v letovišču Tiger Palace v Bhairahawi odprla 30. novembra 2017, hotelske operacije pa se bodo začele mesec prej. Objava je bila del rezultatov prvega polčasa. Skupina je dejala: »Tiger Palace Resort Bhairahawa je po urniku – 30. septembra 2017 za…

Silver Heritage Group has said it will need to spend an extra US$14.8m to complete the construction of Tiger Palace Resort Bhairahawa in Nepal. This will take the final cost of the project to US$54.5m up from $39.8m. The company said: “Construction of Tiger Palace Resort Bhairahawa has made good progress. Infrastructure is 90 per…