• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 12 November 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Silver Heritage ready to launch casino operations after receiving government 5-Star Hotel Rating

Ben Blaschke by Ben Blaschke
Wed 29 Nov 2017 at 22:16
Print Friendly, PDF & Email

Silver Heritage Group Ltd says it now has the documentation needed to lodge an application to launch casino operations at Tiger Palace Resort Bhairahawa after its hotel was awarded a 5-Star Hotel Rating by the Ministry of Culture, Tourism and Civil Aviation of Nepal.

Silver Heritage will lodge the application immediately, which will request that its existing licensed casino management company, SHL Management Services Private Ltd (SHMK), be approved to operate the Tiger Palace casino.

SHMK currently operates the Millionaire’s Club casino at the Shangri-La Hotel in Kathmandu. Under Nepal’s casino regulations it is able to operate casinos in different 5-Star hotels in the country.

Silver Heritage, which launched its hotel in September, said it is ready to commence gaming operations at Tiger Palace as soon as the application is processed.

The company also announced that its wholly-owned subsidiary, Tiger One Pvt Ltd, has signed a supplementary agreement with its Nepalese banking syndicate extending its Demand Loan facility from a maximum NPR150 million (US$1.5 million) to NPR280 million (US$2.8 million).

RelatedPosts

SJM sees profit, EBITDA rise in 3Q19 despite 13.3% fall in gross gaming revenue

SJM sees revenue decline, profit tumble in 3Q25 on satellite closures and Grand Lisboa decline

Wed 12 Nov 2025 at 18:39
Moody’s: Entain credit metrics could take a hit from ongoing legal battle with Australian AML watchdog AUSTRAC

Moody’s: Entain credit metrics could take a hit from ongoing legal battle with Australian AML watchdog AUSTRAC

Wed 12 Nov 2025 at 13:14
PAGCOR’s Alejandro Tengco

Travellers books 7% quarter-on-quarter increase in GGR at Manila’s Newport World Resorts in Q3 on steady mass volume

Wed 12 Nov 2025 at 12:24
Solaire celebrates 10 years by breaking all-time gaming revenue record: report

Bloomberry falls to US$28.8 million loss in 3Q25 on Solaire Entertainment City weakness, low VIP hold

Wed 12 Nov 2025 at 11:14
Load More
Share2Share
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Careful what you wish for

Editorial – Careful what you wish for

by Ben Blaschke
Tue 11 Nov 2025 at 17:28

The shock withdrawal of MGM Resorts from the New York casino licensing bid highlights the challenges faced by jurisdictions globally...

2025 Asian Gaming Power 50: Ones To Watch

The 2025 Asian Gaming Power 50

by Andrew W Scott
Tue 11 Nov 2025 at 17:21

Long established as the definitive list of the most influential figures and personalities in the regional industry, IAG’s Asian Gaming...

2025 Asian Gaming Power 50: Meet the panel

2025 Asian Gaming Power 50: Meet the panel

by Newsdesk
Tue 11 Nov 2025 at 17:01

IAG introduces the nine members of the judging panel who have determined this year’s Asian Gaming Power 50 list. Andrew...

2025 Asian Gaming Power 50: Ones To Watch

2025 Asian Gaming Power 50 List

by Newsdesk
Tue 11 Nov 2025 at 16:44

RANK POWER SCORE NAME TITLE ORGANIZATION 1 6,045 FRANCIS LUI CHAIRMAN Galaxy Entertainment Group 2 5,843 PANSY HO CHAIRPERSON AND...

Evolution Asia
Dolby banner
Aristocrat banner
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
568Win

Related Posts

SJM sees profit, EBITDA rise in 3Q19 despite 13.3% fall in gross gaming revenue

SJM sees revenue decline, profit tumble in 3Q25 on satellite closures and Grand Lisboa decline

by Ben Blaschke
Wed 12 Nov 2025 at 18:39

Macau’s SJM Holdings saw its profit tumble by 91% year-on-year to HK$9 million (US$1.2 million) in 3Q25 – down from HK$101 million (US$13.0 million) a year earlier on the early closure of some satellite casinos and falling market share at...

Moody’s: Entain credit metrics could take a hit from ongoing legal battle with Australian AML watchdog AUSTRAC

Moody’s: Entain credit metrics could take a hit from ongoing legal battle with Australian AML watchdog AUSTRAC

by Newsdesk
Wed 12 Nov 2025 at 13:14

Moody’s Ratings has warned that British gaming giant Entain PLC’s credit metrics could deteriorate further than their current level in 2026 due in part to an ongoing legal battle with Australian money laundering watchdog AUSTRAC. The battle may result in...

PAGCOR’s Alejandro Tengco

Travellers books 7% quarter-on-quarter increase in GGR at Manila’s Newport World Resorts in Q3 on steady mass volume

by Ben Blaschke
Wed 12 Nov 2025 at 12:24

Alliance Global Group, the ultimate parent of Newport World Resorts (NWR) operator Travellers International Hotel Group Inc, said gross gaming revenues at the Manila integrated resort grew by 7% quarter-on-quarter in the three months to 30 September 2025, driven by...

Solaire celebrates 10 years by breaking all-time gaming revenue record: report

Bloomberry falls to US$28.8 million loss in 3Q25 on Solaire Entertainment City weakness, low VIP hold

by Ben Blaschke
Wed 12 Nov 2025 at 11:14

Solaire parent Bloomberry Resorts Corp fell to a net loss of Php1.7 billion (US$28.8 million) in the three months to 30 September 2025, impacted by a decline in high-end gaming revenues and low VIP hold at its flagship Philippines integrated...

Your browser does not support the video tag.
IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English