Operator News
Nepal – Tiger Palace hotel given five star rating
By Phil - 30 November 2017
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 to lodge the application to MOCTCA for its existing licensed casino management company, SHL Management Services (KTM) Private Limited (SHMK), to operate the casino at Tiger Palace.
SHMK currently operates the casino at the Shangri-La Hotel known as The Millionaire’s Club and Casino, Kathmandu, under the casino regulations of Nepal (Casino Rules 2070).
SHMK is able to operate casinos in different 5-Star hotels in Nepal.
Tiger Palace opened its hotel in September 2017 and will be ready to commence gaming operations at the resort’s casino following the processing of the application, at which time the company will make a further announcement.
Tiger Palace is the first integrated resort designed to address the demand from the burgeoning middle class in India with over 400 million people living in Uttar Pradesh, Bihar and West Bengal, all of which are adjacent to Nepal, and more than 15 million middle class Indians living within a six hour drive of Tiger Palace.
