Australia-listed casino operator and developer Silver Heritage Group Ltd. is a step closer towards its goal of operating a casino in its new Nepal property.

On Wednesday, Nepal’s Ministry of Culture, Tourism, and Civil Aviation (MOCTCA) awarded a five-star rating to the hotel at Tiger Palace Resort Bhairahawa, Silver Heritage said in a filing. The five-star award, according to the company, will pave the way for the regulatory approval that Silver Heritage needs to finally open the casino at the Tiger Palace.

“The company now has the documentation required to lodge the application to MOCTCA for its existing licensed casino management company, SHL Management Services (KTM) Private Ltd. (SHMK), to operate the casino at Tiger Palace,” Silver Heritage stated.

SHMK is able to operate casinos in different five-star hotels across the country under Nepal’s Casino Rules 2070. Currently, the casino management company operates The Millionaire’s Club and Casino at the Shangri-La Hotel in Kathmandu and the Phoenix International Club near Hanoi, Vietnam.