Tag Archives: Silver Heritage
Nepal – Tiger Palace Resort casino now fully open
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…
Nepal – Tiger Palace hotel given five star rating
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…
Nepal – Tiger Palace’s hotel now open in Nepal
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…
Nepal – Silver Heritage to open Tiger Palace casino on November 30
Nepal casino operator Silver Heritage has confirmed that its casino at Tiger Palace Resort in Bhairahawa will open on November 30 2017, with hotel operations starting a month earlier. The announcement came as part of its first half results. The group said: “Tiger Palace Resort Bhairahawa is on schedule – being 30 September 2017 for…
Nepal – Silver Heritage to spend extra $14.8m on Tiger Palace
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…
Nepal – Silver Heritage Director resigns following resort delays
Silver Heritage Group, the operator of casinos in Vietnam and Nepal, has confirmed that Hugh Holmes has resigned from his position of Executive Director for special projects at Silver Heritage. Mr. Holmes has ‘ceased involvement in the development of the company’s $40m Nepal resort project, Tiger Palace Resort Bhairahawa,’ according to a statement made to…
Nepal – Silver Heritage sees revenues fall by 29 per cent
Silver Heritage, an operator of casinos in Nepal and Vietnam, has reported GGR of US$32.13m, down 29 per cent on 2015, although Total Revenue of US$16.91m was down two per cent. At the Phoenix International Club situated just outside of Hanoi in Bac Ninh, Vietnam, visitation numbers were up more than 40 per cent year…
Nepal – New doubt over Tiger Palace opening date
Silver Heritage Group has been granted an immediate suspension of its stock by the Australian Securities Exchange. The company’s $40m Tiger Palace Resort in Nepal has stalled due to ‘a shortage of liquidity in the Nepal banking system.’ The 26,597 sq ft casino was due to open in October 2016 with 200 slots and 52…
Nepal – Tiger Palace to open March 1
Silver Heritage Group has said it will open the Tiger Palace Resort Casino in Nepal at the start of March. The Australia-listed casino operator had planned to hold a soft opening in February but said it was ‘encountering temporary unexpected delays’ to the opening citing a ‘shortage of liquidity in Nepal’s banking system.’ The new…
