Australian-listed casino operator Silver Heritage Group Ltd. continues to take a beating from the construction delays of its Nepal casino project, with losses ballooning by as much as 114 percent in the first half of the year.

Silver Heritage Group Ltd. on Wednesday told the Australian Stock Exchange that its net loss swelled to US$3.5 million in January to June 2017 from U$1.6 million in the previous year.

The company attributed the losses to the construction of Tiger Palace Resort in Bhairahawa, Nepal, which was initially projected to open last February. It would be recalled that the Group postponed the opening of Tiger Palace to August due to financing issues.

Silver Heritage, however, announced that the opening date of its hotel segment will again be pushed back to September, spelling yet more losses for the firm. Tiger Palace Resort Bhairahawa’s original cost had been estimated at $40 million but construction delays have pushed the Nepal casino resort’s price tag to $51.8 million.