Australia-listed Silver Heritage Group recorded its strongest quarterly sales revenue since its IPO in August, in the fourth quarter of 2017.
Total unaudited sales revenue was $5.4 million in 17Q4, compared to $4.8 million recorded in 17Q3.
The company also noted that its Tiger Palace Resort in Bhairahawa, Nepal held its first major event last Friday, with visitation reaching over 660 patrons and 120 guests at the hotel.
Silver Heritage said participation in the event was “ahead of management expectations” with the casino receiving 50 percent more patrons than its new year event.
The company says it plans to hold its grand opening celebration event on March 16, 2018.
Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
ASIA GAMING BRIEF
PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264