Monday, January 25, 2021

Nepal

Nepal hotel industry seeks more cost cuts to survive

Nepal's hotel industry is struggling to stay afloat given the border restrictions due to Covid-19 and is seeking to implement a "no-work, no pay" system for employees. 
Mike Bolsover Podcast -AGB

Silver Heritage Mike Bolsover on the state of Nepal [Podcast]

Mike Bolsover sits down with Asia Gaming Brief executive editor Michael Penn about Nepal's gaming industry, what's in store for Silver Heritage Group, and how Bhairahawa Resort stands in terms of construction and the pandemic impact.
Tiger Palace Nepal

Silver Heritage reportedly lays off Tiger Palace staff

Troubled Australia-listed operator Silver Heritage Group has reportedly laid off about 400 staff at its Tiger Palace Bhairahawa in Nepal, according to a report...
Tiger Palace Resort, Nepal

Australia firms’ experience highlights risks of Asia markets

In recent years two companies, Donaco International and Silver Heritage, listed on the Australian Securities Exchange with the high ambition to crack the Asian casino market. However, as the new decade begins, both of these firms face deep crises. To what extent did they fail in the face of common challenges?

Silver Heritage enters into voluntary administration

Australia-listed Silver Heritage Group has announced it has entered into voluntary administration as of Monday 18th May. According to the company’s announcement to the ASX,...

Silver Heritage initiates cost reduction measures

Australia-listed Silver Heritage Group said it has initiated cost reduction strategies in order to mitigate the impact of COVID-19, even though its February revenue...
Tiger Palace Resort, Nepal

Silver Heritage loss widens on Nepal impairment charges

Australia-listed Silver Heritage Group said its 2019 loss attributable to shareholders widened significantly due to impairment charges on its operations in Nepal.

Silver Heritage shuts down its two casinos in Nepal

Australian-listed Silver Heritage Group announced on Monday that its two casinos in Nepal would be temporarily shut down in accordance with government guidance forbidding...

Nepal hotels to shut down

Due to the lack of business and fears of a coronavirus outbreak, hotels across Nepal have decided to shut down their operations until the...

Deltin Group launches its first international casino

Indian offshore casino operator Deltin Group has launched its first casino outside of India, named Deltin Casino located at The Marriot Hotel at Kathmandu...
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
AGB Webinar Attracting Players, Not Fraudsters

Attracting players, not fraudsters

With sports betting restarting we are now seeing traffic levels return to pre-COVID levels. The same is unfortunately true for fraudulent activities as operators tempt players, both new and existing, with lucrative bonuses and attractive game offerings.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
asia gaming briefings OCT 20

Asia Gaming Briefings – Oct 2020 Edition

Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.