Silver Heritage casino opens in Nepal

Silver Heritage Limited has started operating The Millionaire’s Club & Casino at Shangri La Hotel in Kathmandu, Nepal, according to local media.

The new boutique casino has 22 live gaming tables and 40 electronic machines. It will run from 6 pm until 2 am, but the company plans to have it running 24/7, said eKantipur.com

Silver Heritage CEO Mike Bolsover said the casino is positioned to take advantage of two rapidly growing countries, China and India.

“The company has been looking to invest in the Nepali tourism and recreation industry since 2011 and we are confident the Kathmandu development represents a huge opportunity given its proximity to India and China’s massive and growing middle class and Nepal’s cultural affinity with its Southern neighbour,” Bolsover said in a statement.

“The casino is primarily aimed at providing expanded gaming opportunities for customers from the growing Indian, Chinese and Bangladeshi markets, and also services the expatriate community living in Nepal,” the statement added.

Silver Heritage also plans to operate a hotel and conference resort in Bhairahawa, about 260 km west of Kathmandu.

 

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