Wednesday, September 18, 2019
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SVH Nepal ops sale no longer exclusive

Silver Heritage Group has announced that the buyer of its Nepal operations has missed its September 10 deadline to pay a deposit of $3...

India lottery operators call for GST reform

India’s lottery operators are seeking urgent GST reforms, which they say have been “crippling” the industry with multiple issues. Mr. Kamlesh Vijay Group CEO of...
Tiger Palace Resort, Nepal

SVH delays results due to Nepal sale

Silver Heritage Group said there would be a delay to filing its interim results as it has decided not to prepare the accounts on an ongoing concern basis due to the sale of its operations in Nepal.
Tiger Palace Resort, Nepal

Silver Heritage Nepal sale delayed, faces new legal action

Silver Heritage said the sale of its operations in Nepal has been delayed, its chief financial officer has resigned and it is facing further legal action in the country over land use.

Panjim MLA reassures offshore casinos removal

With the deadline to moving Goa’s offshore casinos coming up, MLA Atanasio Monserrate has reiterated his promise to relocate the casinos out of the...

Dream 11 continues to attract investors

South African internet conglomerate Naspers is looking to buy a $100 million stake in online fantasy start-up Dream 11, local media reports.  Following bumper earnings...

Offshore casinos won’t have trade licenses renewed

The City of Panaji has passed a resolution not to renew the trade licenses of its offshore casinos at the end of their term,...
Tiger Palace Resort, Nepal

Silver Heritage says Nepal legal action poses no threat

Australia-listed Silver Heritage said legal action brought against its Nepalese units by a local consumer water group pose no immediate commercial threat or risk to its operations in the country.

Goa collected Rs 411 crore in FY18

Goa’s government collected around Rs 411 crore (US$53.8 million) in revenue from casinos in the 2018 financial year, according to Goa Chief Minister Pramod...
Nepal Generic

Hotel boom leads to new casino plans in Nepal

Nepal is expecting further expansion of its casino industry as five-star hotels spring up across the country ahead of a major tourism initiative next year. 

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