Nepal approves new casino
The latest nod was given to Goa-based gaming company Goa Coastal Resorts, which will be partnering with Nepal-based Entertainment and Recreational Pvt Ltd. to launch and operate Casino Pride at the Hyatt Hotel in Kathmandu.
“We have registered a company under the name of ‘Casino Pride’, which is scheduled to come into operation within 45 days,” one of the promoters of the company told the Nepalese news site, eKantipur.
Tourism Department Director General Tulasi Gautam confirmed that the company had already registered at the Department of Industry, but noted that it has not yet applied for a permit with the tourism department.
Nepal shut down its casino industry last year over a failure to pay back taxes. Since then, some casinos have re-opened, most recently the Millionaire’s Club & Casino at Shangri La Hotel that’s currently being operated by Hong Kong-based gaming operator Silver Heritage.
Goa Coastal Resorts would become the third gaming operation to run a casino in Nepal under the new casino regulations implemented last year.
Oklahoma: Chickasaw Nation hosts ribbon cutting ceremony for Lakecrest Hotel and Casino
California's Eagle Mountain Casino extends table games to 24/7 service
El Cortez Casino announces $20 million renovation, including high-limit slot room, new bars, and dining options
Golden Entertainment posts net profit hike to $42 million in Q1, reports decline in revenue
Uplatform reflects on successful BIS SiGMA Americas showcase, shares highlights of the event
Soft2Bet brand Betinia nominated in five categories at EGR Marketing and Innovation Awards 2024
DraftKings acquires Canadian software solutions provider Sports IQ Analytics
SiGMA to offer networking opportunities in exclusive affiliate retreat at the Philippine island of El Nido
