Tag Archives: Nepal
- Silver Heritage bids buh-bye to co-founder Tim Shepherd
August 3, 2017
Casino operator Silver Heritage Group has parted ways with its co-founder for as yet unexplained reasons. On Wednesday, Silver Heritage informed the Australian Stock Exchange that Tim Shepherd, the company’s co-founder and president of business development and marketing, would be leaving the company as of September 30. Shepherd will reportedly...
- Silver Heritage set to resume trading in ASX
July 4, 2017
Australian-listed casino operator Silver Heritage Group Ltd. is set to resume trading in the Australian Stock Exchange after a four-month hiatus. In a statement on Tuesday, the Australian bourse announced that the suspension of trading in Silver Heritage shares “will be lifted immediately” following the gaming firm’s decision to launch...
- Silver Heritage dangles $14M entitlement offer for Nepal casino
June 30, 2017
Australia-based casino operator Silver Heritage Group Ltd. announced that it would issue an entitlements offer to raise new capital for its unfinished Tiger Palace Resort in Nepal. Tiger Palace Resort Bhairahawa’s original cost had been estimated at $40 million but construction delays have pushed the Nepal casino resort’s price tag...
- Silver Heritage rakes in $3.9 million Q1 revenue
May 2, 2017
Australia-listed casino operator Silver Heritage Group Ltd. posted US$3.9 million revenue in the first quarter of the year. In a regulatory filing on Monday, Silver Heritage announced that 61.6 percent of its revenues came from gaming operations at Phoenix International Club (pictured) in Vietnam’s Bac Ninh province, near the country’s...
- Punting on Indian consumers is a good decision, Silver Heritage chairman says
April 5, 2017
Australian-listed casino operator Silver Heritage Group Ltd. insists that it made the right choice to focus on Indian consumers than chase after elusive Chinese VIP players. In what could be described as an ‘I told you so” moment, Silver Heritage chairman David Green says betting on Indian consumers has been...
- Silver Heritage allots additional $13.8 million for Nepal casino project
March 24, 2017
Australia-listed Silver Heritage Group has set aside an additional AUD$18 million ($13.8 million) to fund the construction of its multi-million dollar integrated resort in Nepal, which has already been plagued by delays. The additional budget jacks the price tag of Tiger Palace Resort Bhairahawa to a total of AUD$70.3 million...