Silver Heritage Group receives Nepalese casino approval

Company News

by Jessica Ellerm

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.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.