Silver Heritage Group Limited (ASX:SVH) has announced its subsidiary has been issued a casino operation licence at Tiger Palace Resort in Nepal.
The gaming business operates and manages casinos in Nepal under its own licence, and in Vietnam in partnership with a licence holder.
The latest licence was issued by the Ministry of Culture, Tourism and Civil Aviation of Nepal.
Tiger Palace will hold its first major event this New Year’s eve.
Shares in Silver Heritage Group Limited (ASX:SVH) are trading 15.38 per cent higher this morning at $0.15.