Silver Heritage Group Limited is engaged in the operation and management of casinos in Nepal and Vietnam, and management of electronic gaming operations in casinos in Laos and Cambodia. The Company's business is divided in two business lines: Operation of casinos, and Provision and operation of electronic gaming machines (EGMs). The Company operates The Millionaire's Club & Casino (TMC) in Kathmandu, Nepal, under its own license, and provides management services to the Phoenix International Club casino (the Phoenix International Club) in Bac Ninh, Vietnam. It provides EGMs to casinos and licensed gaming clubs in Laos and Cambodia. The Company's geographic segments include Laos, Vietnam, Nepal, Cambodia, Macau, Tinian and Other. The Company is focused on development of its casino resort in close proximity to the India-Nepal border, and it seeks to offer its shareholders exposure to Asian gaming, Asian consumers and the outbound tourism markets of India and China.
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