KATHMANDU: May 11: City Hotel Limited (A company under Golyan Group), has signed a casino lease agreement with Rank Entertainment Holdings Pvt Ltd for operating a casino at the Hyatt Place Hotel located at Soalteemode, Kathmandu, on Monday. Rank Entertainment Holdings Pvt Ltd is Sri Lanka's largest entertainment conglomerate with a worldwide portfolio of over 15 casinos.
The agreement was signed by Managing Director of Golyan Group Akshay Golyan, and Chairman of Rank Holdings Entertainment Pvt Ltd, Ravi Wijeratne, in presence of Chairman of Golyan Group Pawan Golyan, Chairman of City Hotel Limited, Shakti Golyan, and CEO of Rank Entertainment Holdings Pvt Ltd, Asanga Warusavitharna.
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Golyan Group is committed to strengthening Nepal’s economic and social base through industry excellence and with this agreement, the group continues to open new areas of bringing in foreign income and investment benefiting the economy and the tourism industry, according to the company.