TITLE

LEAVING LAS VEGAS

AUTHOR(S)
Burns, Mairin
PUB. DATE
June 2003
SOURCE
Investment Dealers' Digest;6/9/2003, Vol. 69 Issue 23, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the launch of U.S. gambling industry in Great Britain. U.S.-based companies are aggressively pursuing acquisition and partnership opportunities in Great Britain, where the gambling market is about to cast off its shackles and undergo a massive deregulation. The government has other motives as well: The proposed changes will bring in up to GBP5 billion in gross gambling revenues, which translates as something like GBP800 million in tax revenues for the government. Stanley Leisure, which owns a string of 40 casinos, including London's Crockfords Club and The Colony Club, will be looking forward to being able to bring food, drink and entertainment to the gambling floor.
ACCESSION #
10070924

 

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