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1 Dec 2017

Tiger Palace Resort gets five star certification, may start casino operations soon

Silver Heritage Bhairahawa

The Tiger Palace Resort in Bhairawaha, Nepal has received five star certification from the NepalešŸ¬se Ministry of Culture, Tourism and Civil Aviation, to the stock exchange.

As per the announcement, the company announced that its Nepalese subsidiary, SHL Management Services (KTM) Pvt. Ltd. can now start the procedural formalities of applying for a casšŸŒ ino lišŸŒƒcense in the Tiger Palace Resort, which is strategically located near the IšŸ’œndia-Nepal border. The ą¹„casino is expected to start operations soon after receiving the license, which could take a few more months.

ā€œWe have targeted high-end Indian casino players. We will be conducting helicopter charšŸ„ƒter flights from key Indian cities to bring them to Bhairahawa,ā€ said Rajendra Bajgain, President of Silver Heritageā€™s local subsidiary. , 95 percent of which will go to Nepalis, according to the hotel.

Touted as one of South Asiaā€™s biggest luxury casino resorts, Tiger Palace Resort would be primarily targeting players from Uttar Pradesh, West Bengal and Bihar as per the company. It is understood that the hotel has already seen a soft launch in September and will be open for commercial operations very soon.

As part of its future expansion plans, Silver Heritage has said that it is looking to develop two more ź¦‘casino resorts in Nepal. The company is currently looking for land in Jhapa in the Eastern Region to develop a 500-room Tiger branded casino-cum-resort property.

Silver Heritage has also stated that it would be having a branding agreement with Grid Logic Software Private Limited for a branding agreement to operate an online rummy websitešŸ¦‚ in India. It is understood that the website, tigerpalaceršŸŒ±ummy.com would be part of the ā€˜Taj Rummy Networkā€™ operated by Grid Logic.

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