Silver Heritage okayed to kick off Nepal operations
Silver Heritage Group has been granted permission to commence operations at its Nepal casino.
Nepal.- After facing several delays, Australian-listed casino operator Silver Heritage Group has received final approval to launch its gambling operations at the Tiger Palace Resort Bhairahawa in Nepal. As the company revealed, the country’s Ministry of Culture, Tourism and Civil Aviation issued last week the casino operation license in accordance with Nepal’s Casino Rules 2070 that allow the venue to kickoff.
Silver Heritage planned to have its casino operation up and running by November and even opened its hotel to guests in September. Nonetheless, delays in the construction process pushed back the company’s filing for a gaming license application.
The casino is expected to lure in customers from india, as its located just minutes away from the state of Uttar Pradesh (200 million residents), which doesn’t host authorised casinos.
Silver Heritage’s Tiger Palace has turned into the second casino in Nepal after the Millionaire’s Club and Casino over in Kathmandu. In addition, the company announced that it will assess another venture in the area of Bihar and Sikkim, in order to take advantage of the local market.
