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Tag Archives: Herança de Prata

Nepal – Silver Heritage opta pela administração voluntária

Australian-floated Silver Heritage Group, the operator of Tiger Palace Resort Bhairahawa in Nepal and The Millionaire’s Club in Kathmandu, has filed for voluntary administration. Having looked at selling some of its assets, it has now appointed KPMG as its administrator. The closures caused by the coronavirus pandemic came just months after the operator was give…

Vietnam – Silver Heritage leaves Vietnam with $5.25m paycheck

Silver Heritage Group has agreed to a ‘generally favourable’ settlement of US$5.25m which it will be paid by the owners of Phoenix International Club, Bac Ninh in Vietnam. The Phoenix was recently forced to close due to what Silver Heritage said were ‘breaches by the owner, primarily the requirement to maintain the gaming license.’ Following…

Vietnam – Vietnam’s Phoenix International Club closes following table ban

Vietnamese-operator Silver Heritage has halted operations at its Phoenix International Club in Bac Ninh pending an ‘announcement regarding its contract and operations’ after being told it was no longer allowed to operate tables. The company received notice from the General Manager of Phoenix that table games are no longer included in its revised investment certificate…

Nepal – Tiger Palace to open three VIP rooms as table drop soars

Nepal casino group Silver Heritage reported a 110 per cent upswing in table drop and 142 per cent increase in visitation at its Tiger Palace in Bhairahawa, in January. This was the first month since opening that it has been able to compare a year-on-year result. January saw table drop of US$2,128,000 compared with US$1,009,000…

Nepal – Silver Heritage compra terreno para Tiger Palace Resort Jhapa

Silver Heritage has bought a parcel of land in Jhapa, East Nepal for US$3.2m, where it will build Tiger Palace Resort Jhapa. Having built and opened South Asia’s first Integrated Resort, Tiger Palace Resort Bhairahawa, in Nepal close to the border with India’s most populous state, Uttar Pradesh, the company has decided to stick with…

Nepal – Second quarter revenues set new record for Silver Heritage

Nepal casino group Silver Heritage Group has seen its revenues soar in the second quarter of 2018 with Gross GGR of US$11.39m setting a new group record since listing on the ASX in 2016. Non-gaming and casino revenues were flying at its Millionaire’s Club and Casino in Kathmandu and its Tiger Palace Resort Bhairahawa. Group…

Nepal – Silver Heritage nomeia novo presidente após ano “desafiador”

Nepal casino operator Silver Heritage has appointed James Spenceley as its non-executive Chairman following the departure of former Chairman David Green after what it called a ‘challenging year’ for the company. Mr. Spenceley is famed for founding Australia’s fourth largest telecommunications company Vocus Communications in 2007 which he turned into a AU$5bn business. Silver Heritage…

Nepal – Silver Heritage realiza grande inauguração do Tiger Palace

O Silver Heritage Group realizou agora a inauguração do seu primeiro resort integrado de 5 estrelas – Tiger Palace Resort em Bhairahawa, Nepal. Liderado por uma visão de transformar o cenário de entretenimento do Sul da Ásia, o grande evento de inauguração durou dois dias, sábado, 16 de março e domingo, 17 de março de 2018. Os convidados testemunharam apresentações de dança de…

Nepal – Tiger Palace tem melhor trimestre desde IPO em agosto de 2016

A operadora nepalesa Silver Heritage Group disse que as receitas de seu Tiger Palace Resort em Bhairahawa “ultrapassaram o trimestre anterior ao produzir a receita de vendas trimestral mais forte desde a oferta pública inicial da empresa em agosto de 2016”. A receita total de vendas não auditada para o quarto trimestre de 2017 foi de US$ 5.44 milhões, acima dos US$ 4.76 milhões do terceiro trimestre,…