Sunday, January 19, 2020

Nepal

SVH revenue gains on Tiger opening, loss widens in 18H1

Australia-listed Silver Heritage Group saw a significantly widened of loss in the first half of 2018, due mainly to costs associated with its Tiger...

Silver Heritage acquires land in East Nepal

Australia-listed Silver Heritage Group has acquired 7.45 hectares of land in East Nepal for US$3.2 million, which it says will be used for its...
Nepal Generic

Nepal government ditches plan to introduce separate Casino Act

The Nepalese government has u-turned on its decision to pass a separate Casino Act, and is now looking to attach casino-related laws into its...

Silver Heritage settles with Nepal partner, gets new investor

Silver Heritage says it has reached a settlement with its Nepali partner, who has sold his stake in a unit of the company to a new investor.

Casino rules face further change

Nepal is facing another overhaul of its casino legislation, just five years after new rules were put into place, though some consultants say if...

Casino rules face further change

Nepal is facing another overhaul of its casino legislation, just five years after new rules were put into place, though some consultants say if the country really wants to attract more foreign investment it needs to cut regulatory red tape.

Govt to bring casino industry in line under new Act

With the Nepalese gaming industry expected to boom, the government has announced it will be submitting a new casino bill aimed at encouraging foreign...
Nepal Tiger Palace

Silver Heritage board takes pay cut amidst liquidity issues

Silver Heritage Group said its board has agreed to halve its cash remuneration and take other initiatives to cut costs to help address expected tight liquidity in the second half as its new IR in Nepal ramps up.

Silver Heritage experiences opening hiccups

Silver Heritage held the gala opening for its Tiger Palace Resort in March, though the IR has run into problems with a former partner...

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MOF to discuss future of Vietnam gaming industry

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NagaWorld gives in to strikers’ demands, ending walkout

NagaWorld hotel and casino quickly gave in to strikers’ demands, with the roughly 3,000 workers returning to their jobs on Saturday.

SG court upholds arbitration ruling, favoring ex Solaire manager

The Singaporean High Court has dismissed a petition filed by Bloomberry Resorts against Global Gaming Philippines, which accused the company of committing fraud and...

Specialty slots and proven progressives

Konami Gaming, Inc. has announced a significant lineup of compelling new cabinets and popular progressive series at the 2020 ICE London event in London. More...

Spotlight on the illegal transportation of fighting birds

Animal Wellness Action has published a report alleging that a massive illegal transportation scheme brought thousands of fighting birds to Guam for years, undetected or ignored by the local authorities.