Adam Titus has been appointed executive director for special projects at Asian casino operator and developer Silver Heritage Group Ltd’s Tiger Palace Resort Bhairahawa in Nepal. He replaces Hugh Holmes who recently resigned from the board and “ceased involvement in the development of the company’s Nepal resort project,” according to the firm’s filing with the Australian Securities Exchange.
Titus brings to his new position more than 30 years of experience in the design, development, construction and opening of more than 10 gaming and hotel developments in Asia and internationally. Most recently he worked with MGM Macau and Okada Resorts in Manila, Philippines. The Silver Heritage stock exchange announcement stated Titus had a “demonstrated track record in ensuring the successful completion and opening of quality resorts.”
The announcement added Titus will be assisted by Enrico Dovadola, who has participated in more than six casino resort openings in Asia Pacific, most recently with Galaxy Macau and MGM Macau.
In the filing, Silver Heritage said the Nepal casino project had faced “unanticipated delays” that could result in a later opening date and higher costs. Previously, the company had stated a soft opening for the first stage of the resort could happen last month. The Australian Securities Exchange granted Silver Heritage a suspension in trading its stock.
