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Nepal’s casino industry is forecast to bounce back in 2016 after a devastating earthquake last year and an unofficial border blockade imposed by India. According to Union Gaming Analytics, an industry consultant, the Indian market could have the potential for US$4 billion in gaming revenue and Nepal casino insiders say operators are perfectly positioned to attract those players.
The industry in Nepal has faced a tumultuous few years, with the government shuttering all casinos in 2014 after failure to comply with new regulations and pay outstanding license fees. The casinos began reopening in 2015, with many under new management, only to be hit by an earthquake in April, followed up by an unofficial border blockade by India.