Australian-listed Silver Heritage Group announced on Monday that its two casinos in Nepal would be temporarily shut down in accordance with government guidance forbidding gatherings of 25 or more people.
The company statement indicated that the casinos “will be closed until further notice.”
Silver Heritage operates the Tiger Palace Resort Bhairahawa and The Millionaires’ Club & Casino, Kathmandu.
Many major hotels in Nepal have also announced that they are closing their doors.
AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.