Kathmandu : The Department of Industry has approved foreign direct investment of Goa-based casino operator Goa Costal Resorts and Recreational Pvt Ltd.to operate ‘ Casino Pride’ at Hyatt Hotel in a joint-venture with Nepal-based Entertainment and Recreational Pvt Ltd.
According to the DoT, the department has approved the company’s Rs 250-million investment proposal to operate the casino.
Goa Costal will be the third company to operate a gaming house under the new Casino Regulation after Silver Heritage and Casino Mahjong.
Hong Kong-based Silver Heritage started operating The Millionaire’s Club & Casino at Shangri La Hotel recently.
Another Casino Mahjong is operated at Soaltee hotel.- NTN