{"id":8278,"date":"2022-02-15T00:00:00","date_gmt":"2022-02-15T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/asia\/nepal-two-casinos-licenses-has-been-canceled-for-not-paying-royalties\/"},"modified":"2022-02-15T00:00:00","modified_gmt":"2022-02-15T00:00:00","slug":"nepal-two-casinos-licenses-has-been-canceled-for-not-paying-royalties","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/nepal-two-casinos-licenses-has-been-canceled-for-not-paying-royalties\/","title":{"rendered":"Nepal. Two casinos licenses has been canceled for not paying royalties"},"content":{"rendered":"<p style=\"text-align:justify\"><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:14.0pt\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">The Nepalese government has cancelled the casino licences of two hotels for failing to pay royalties. Yak &amp; Yeti Hotel failed to pay Rs420m while Dreamland Hotel failed to pay Rs3.8m.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:14.0pt\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">Yak &amp; Yeti&rsquo;s casino licence has been revoked, and the hotel&rsquo;s five-star rating has been revoked. The Ministry of Culture, Tourism and Civil Aviation sent a letter to five casinos in early February, giving them seven days to pay off their debts.<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:14.0pt\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">Last September, Casino venues were allowed to resume operations in Nepal around 18 months after being ordered to close due to the Covid-19 pandemic. All gambling venues in Nepal were shut since March 24, 2020, when authorities imposed a lockdown due to Covid-19<\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p><span style=\"font-size:11pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:16.0pt\"><span style=\"background-color:white\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:black\">No Copyright infringement intended. Video\/Photo Unknown Direct for credits\/issue or text us +57 3606412 &#8230;&nbsp;|&nbsp;Respect&nbsp;to&nbsp;Photographers&nbsp;&amp;&nbsp;Influencer<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yak &#038; Yeti\u2019s casino licence has been revoked, and the hotel\u2019s five-star rating has been revoked<\/p>\n","protected":false},"author":1,"featured_media":5633,"menu_order":350,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[4172],"class_list":["post-8278","asia","type-asia","status-publish","format-standard","has-post-thumbnail","tag-yak-yetis-casino-licence-has-been-revoked-and-the-hotels-five-star-rating-has-been-revoked","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nepal. Two casinos licenses has been canceled for not paying royalties - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/nepal-two-casinos-licenses-has-been-canceled-for-not-paying-royalties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nepal. 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