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26 Oct 2017

Delta Corp signs MoU to operate casino in Nepal

Marriott Nepal

🐲India’s largest gaming company, Delta Corp Ltd., has signed a Memorandum of Understanding (MoU) with Nepalsese company, Everest Hospitality and Hotel Pvt. Ltd. to in the Naxal area ofꦰ Kathmandu, reported Nepalese news outlet Republica.

“Implementing the Marriott brand standards, designed by renowned architects and utilizing the best construction companies, the hotel consists of state of the art serv𒁃ices including spa, casino, and variety of restaurants, s🎀wimming pool, gym, exclusive suites and lounges” a statement by Everest Hospitality and Hotel, which is part of the leading Nepalese business conglomerate MS Group said.

The 235-rooꦓm Marriott H♏otel is still under construction and is next year. MS Group’s first hotel, Thamel-based Fairfield by Marriott, started operations in March this year.

Delta Corp in a press r♎elease issued yesterday confirmed the development and noted:

Delta Corp has entered into a MoU with Everest Hospitality and Hotel (P) Ltd for leasing space at the upcoming five star Marr🌳iott Hotel in Kathmandu, Nepal to 𒁏operate a casino.

Delta will initiate steps to oဣbtain a license from the Government of Nepal and the commencement of operations of the casino will be subject to receipt of this license.

With this proposed casino in Kathma🌞ndu, Delta aims to expand its imprint outside India, in line with its strategy of expandi🌳ng in the region.

Another Indian casino operator, the Pride Group already operates a casino in the Hyatt Regency Hotel in Kathmandu, Nepal since 2015. International gaming operator Silver Heritage Group has also launched a casino resort called ‘Tiger Palace Resort’ in the Bhairahawa area of Neꦉpal. While the , the casino is slated to open in🧸 the last week of November.

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