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Govt gives 7 days for casinos to clear arrears

Image for representation: Casinos
Image for representation: Casinos

Kathmandu, February 3

The government has given a seven-day ultimatum to seven casino companies that have yet to clear arrears of their royalty and renewal fees.

It has also warned of taking action against them if they fail to clear the arrears.

The seven casino companies including Hotel Yak and Yeti Pvt Ltd, Oriental Hotels Limited, Happy Hour, Rock International and Central Media Pvt Ltd have to clear arrears amounting to over Rs 871 million that is pending from previous years, it has been said.

Repeated calls of the Department of Tourism to the casino companies to settle the arrears have gone unheard so far.

Of them, Hotel Yak and Yeti Pvt Ltd has to settle over Rs 206 million in arrears, Oriental Hotels Limited over Rs 187 million, Happy Hour over Rs 215 million, Rock International over Rs 114 million and Central Media over Rs 133 million.

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