Tag: Nepal
Nepal20 Mar, 2024 Live Poker Rooms In Nepal
Nepal, the country which is home to the highest mountain peak in the world—Mt. Everest, is among the most admired tourist destinations in South Asia. In 2023, the country which is surrounded by the Himalayas, had over 1 Million tourists. This was a significant growth given the COVID-19 ...
Nepal15 Sep, 2022 Kathmandu Collects 8.4 Million In Tax From Five Casinos In One Week
Within just a week, the Kathmandu Metropolitan City Office revealed that it had collected around 8.4 million Nepalese Rupees from five casinos in the region. Only two casinos are left to pay off the tax to the local government. A seven-day deadline was given to the casinos to pay the ta...
Nepal11 Feb, 2022 Failure To Pay Royalties Leads To Closure Of Two Casinos In Nepal
The operating licenses of two casinos in Nepal have been revoked owing to the failure in royalty payments. The country’s Ministry of Culture, Tourism, and Civil Aviation ordered the closure of the two casinos after they failed to pay their dues despite several requests sent by the minis...
Nepal10 Jan, 2020 Delta Corp Limited gets license to operate casino in Nepal!
The citizens of the country know that Delta Corp Limited previously known as Arrow Webtex Ltd is the only listed company in India that operates casinos and is engaged in the online gaming industry. The company’s subsidiary said in the press note yesterday, that the operations of the cas...
Nepal06 Mar, 2019 Nepal’s Tiger Palace unveils 3 VIP gaming rooms
Nepal’s Tiger Palace Casino, one of the country’s most luxurious resorts, was inaugurated back in January 2018, more than a year ago. The Palace is in Bhairahawa area of Nepal and is very close to the Indian border. This makes it an attractive venue for many Indian casino enthusiasts wh...
Nepal20 Dec, 2018 Nepal bans high denomination Indian currency notes
The Nepalese government has issued a notification in its Gazette stating disallowance of carrying Indian currency notes above denominations of 100. The decision means that Indian notes of 200, 500, 2000 will now officially mean just paper, stripped of its fiat. This decision comes after...
Nepal08 Dec, 2018 Nepal to seize fugitive casino operators’ properties
In a recent development, Nepal has decided to bring new legislative measures that will attach properties of casino operators who don’t pay up royalties and taxes. The draft is called the Casino Bill and will be part of a new Federal Tourism Bill. According to the Kathmandu Post, the new...
Nepal18 Sep, 2018 Yaar Poker Tour (YPT) to host live tournament in Nepal
Poker is booming in India and other parts of Asia as well. Many top online poker companies have been expanding their reach to live tournaments, international poker packages and many other promotions. The latest to join them is PokerYaar, who has come up with a completely unique poker to...
Nepal28 Aug, 2018 Silver Heritage to open second casino in Nepal
The casino and gaming industries in Asia seem to be booming over the last few years, with the biggest players preferring to come to this part of the world, rather than others. Macau is one such example, a destination which is said to be slowly but steadily overtaking Las Vegas as the wo...
Nepal03 Aug, 2018 Nepal to introduce new provisions to regulate casinos
In June this year, the Nepal government moved to bring about a separate Casino Act for the streamlining of the casino industry which would encourage new global players to come to Nepal. This was done amid the anticipation of a boom in tourism and hospitality due to the ongoing developme...
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