London Clubs Casino

 Not For Sale

After speculation that London Clubs International were for sale all rumours were squashed by Michael Silbering CEO of London Club Casinos

Michael Silbering  to  “Intergame” Original source of the story

With regards to the sales rumours, the simple response is that the business is not for sale,” he said. “It is a simple fact of business life that Caesars Entertainment regularly engages in discussions regarding potential transactions to determine whether such actions will enhance shareholder value.”

These transactions, he said, could be in the form of acquisitions of new casinos, entering joint partnerships to develop casinos in new markets, such as Caesars’ recently opened Horseshoe in Cleveland, or the divesting of existing casinos, such as Harrah’s St Louis, which is being sold to Penn National Gaming.

However, Caesars currently has no plans to sell any of the UK businesses, either in part or as a group,

This will not be the first time that a Casino group have denied any rumours of NOT being for sale, Gala Coral Casinos were in a similar position not to long ago and are close to being acquired by  Rank and Grosvenor Casinos

London Club Casinos have recently had a cash injection in the form of a refurbishment of their bar area at The Empire Lsq which is proving quite successful and with the start  of the football season Today could become a destination of choice

The Casino at The Empire, launched the first ever Carlsberg Sports Bar in the heart of London’s West End to coincide with the start of Euro 2012 on 08/06/2012 at Leicester Square, London. Persons pictured: . Picture by Julie Edwards © Julie Edwards Photography 2012