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Tag Archives: Tiger Palace

Nepal – Tiger Palace to open three VIP rooms as table drop soars

Nepal casino group Silver Heritage reported a 110 per cent upswing in table drop and 142 per cent increase in visitation at its Tiger Palace in Bhairahawa, in January. This was the first month since opening that it has been able to compare a year-on-year result. January saw table drop of US$2,128,000 compared with US$1,009,000…

Nepal – Silver Heritage buys land for Tiger Palace Resort Jhapa

Silver Heritage has bought a parcel of land in Jhapa, East Nepal for US$3.2m, where it will build Tiger Palace Resort Jhapa. Having built and opened South Asia’s first Integrated Resort, Tiger Palace Resort Bhairahawa, in Nepal close to the border with India’s most populous state, Uttar Pradesh, the company has decided to stick with…

Nepal – Silver Heritage holds grand opening for Tiger Palace

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…

Nepal – Tiger Palace has best quarter since IPO in August 2016

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,…

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 – Tiger Palace to open in Nepal in February next year

Silver Heritage has confirmed that Tiger Palace Resort, Bhairahawa, will open in Nepal, close to the border in India in February 2017. In a construction update, the operator said that Mechanical, Electrical, and Plumbing works were 90 per cent complete and that an interior fit out was 65 per cent complete. nternal brickwork and roofing…

Nepal – Silver Heritage to open Tiger Palace in 2017

Silver Heritage is currently developing its first casino resort along the Nepali border, aimed at serving one of the largest untapped gaming markets in the world; India. A spokesperson said: “Our first Tiger Palace Resort is scheduled to open in early 2017, and will provide customers with access to a 2,471m2 casino floor along with…