Silver Heritage Limited (SHL) has started operating The Millionaire’s Club & Casino at Shangri La Hotel in Lazimpat, Kathmandu, according to Nepali news Web site ekantipur. The new facility in K-town is a boutique casino operating under the gaming regulations of Nepal and provides 22 live gaming tables and 40 electronic gaming machines.
“The Company has been looking to invest in the Nepali tourism and recreation industry since 2011 and we are confident the Kathmandu development represents a huge opportunity given its proximity to India and China’s massive and growing middle class and Nepal’s cultural affinity with its Southern neighbor,” SHL CEO Mike Bolsover said in a statement.
“The casino is primarily aimed at providing expanded gaming opportunities for customers from the growing Indian, Chinese and Bangladeshi markets, and also services the expatriate community living in Nepal,” the statement added. Currently open daily from 6 pm to 2 am, the company is planning to operate it 24/7 in the near future, according to SHL which also has plans to operate a hotel and conference resort in Bhairahawa.
SHL is a gaming investment company, which provides leasing and revenue sharing solutions for casinos across the Asia Pacific region. The company is engaged in planning, executing, and operating slot machines and electronic casino table games in Macau, the Philippines, Vietnam, Northern Marianas, Cambodia, Laos and on cruise ships touring international waters.
