• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Silver Heritage seeks non-court route in Nepal row

Apr 09, 2018 Newsdesk Latest News, Rest of Asia, Top of the deck  


Silver Heritage seeks non-court route in Nepal row

Casino operator and developer Silver Heritage Group Ltd says it is seeking non-court resolution for a dispute with a former consultant it employed in Nepal.

Silver Heritage recently launched a purpose-built gaming venue called Tiger Palace Resort, Bhairahawa, near Nepal’s border with the Indian state of Uttar Pradesh. The resort had a budgeted cost of circa US$52 million.

A former local consultant to the firm, Rajendra Bajgain, is also a 5-percent owner of a local entity that holds the gaming licence for Tiger Palace. The group terminated his consultancy deal on February 22, but Mr Bajgain had started court action in Nepal seeking reinstatement.

Silver Heritage’s chairman David Green had said in the group’s annual report filed with the Australian Securities Exchange in late March, that after the opening of Tiger Palace’s casino (pictured) in late December, Mr Bajgain had “embarked on a series of actions apparently calculated to bring the group into disrepute in Nepal, and to frustrate its operations at Tiger Palace”.

In a Friday update, Silver Heritage said it had “agreed with Mr Bajgain to continue ongoing discussions to settle the disputes between the parties without need for further court action”.

The company nonetheless stated while a Nepal court had granted Mr Bajgain a temporary stay of the consultancy termination, Silver Heritage was “confident” that the decision to split with him was valid, and “believes that it will ultimately prevail when the substantive issues are ventilated before the court”.


  • tweet
Related articles
  • Chau ruling marks end of old junket system: observers
    Chau ruling marks end of old junket...

    Jan 18, 2023  

  • Singapore 2023 visits may double from 6.3mln 2022: govt
    Singapore 2023 visits may double from...

    Jan 17, 2023  

More news
  • Pagcor mulls pure regulator role via US$1.5bln casinos sale
    Pagcor mulls pure regulator role via...

    Mar 21, 2023  

  • Macau ops getting overseas visitors via private jets: report
    Macau ops getting overseas visitors via...

    Mar 21, 2023  


Latest News

Pagcor mulls pure regulator role via US$1.5bln casinos sale

Pagcor mulls pure regulator role via US$1.5bln casinos sale

Mar 21, 2023  

The Philippines is looking to raise circa PHP80 billion (US$1.47 billion) from the sale of its network of small, state-owned casinos, said on Tuesday the head of the country’s regulator the...
Read More
Macau ops getting overseas visitors via private jets: report

Macau ops getting overseas visitors via private jets:

Mar 21, 2023  

Crane gets US$1.65bln financing to support biz split

Crane gets US$1.65bln financing to support biz split

Mar 21, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The [Macau] month-to-date run-rate represents an approximately 45-percent recovery versus pre-Covid-19 levels for headline gross gaming revenue”

DS Kim and Mufan Shi

Analysts at brokerage JP Morgan Securities



Most Popular

  • Universal Ent seeks to end SPAC deal for Okada Manila listingUniversal Ent seeks to end SPAC deal for Okada Manila… March 20, 2023
  • Macau GGR for March 1 to 19 at US$845mln: JP MorganMacau GGR for March 1 to 19 at US$845mln: JP Morgan March 20, 2023
  • Let’s Win hosts grand opening for club at Hoiana in VietnamLet’s Win hosts grand opening for club at Hoiana in… March 20, 2023
  • SJM Holdings to sponsor Macao Golf Open for next 3 yearsSJM Holdings to sponsor Macao Golf Open for next 3 years March 21, 2023
  • Macau ops getting overseas visitors via private jets: reportMacau ops getting overseas visitors via private jets: report March 21, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us