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UK set for new wave of ‘large casinos’, reports Jackpot City


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© Business Wire 2013
2013-01-03 09:01:49 -

Jackpot City : www.jackpotcity.co.uk/mobile-casino has announced that the UK casino industry looks set for its biggest expansion in years, with over a dozen projects in the pipeline around the country. It has been estimated that these could generate an extra £250 million every year for Britain’s flagging economy, and pave the way for bigger, more tourist-oriented casino complexes in future.

A previous plan to introduce Las Vegas-style supercasinos to Britain was cancelled by former Prime Minister Gordon Brown. The plan, which was enthusiastically backed by then-PM Tony Blair, allowed for the construction of 30 super casinos, each with 1,250 slot machines and unlimited jackpots linked to huge hotel complexes, and 50 to 100 large casinos. The super casino plan

was scrapped by Brown’s government, although the go-ahead was given for a smaller amount of large casinos.
It is hoped that the new casinos will help to regenerate run-down areas, providing jobs and bringing people to the area around the casino.

The Gambling Act of 2005 allowed for the construction of eight so-called ‘large casinos’, and the first of these opened its doors in Stratford, East London, in December 2012. Large casinos are allowed to have up to 30 gaming tables and 150 fruit machines with a maximum jackpot of £4,000. Similar projects are also underway in Hull, Milton Keynes, Middlesbrough, Southampton, Solihull, and Leeds, and if these prove to be successful the scheme may be expanded to other regions of the UK.

Another class of casino, the misleadingly-titled ‘small casino’, has been approved in five local authorities, including Swansea and Wolverhampton. A small casino can actually have more gaming tables than ‘large casino’ with 45, although the number of fruit machines is restricted to 80 with a maximum prize of £4,000.

However, the new coalition government is desperate to find ways to boost the stagnant UK economy, and sees casino gambling as a potentially lucrative growth area.

Governments around the world have taken a similar tack, with Madrid having won the battle with Barcelona for a new Las Vegas Sands casino resort development, and approval being given for a new resort complex in Brisbane, Australia.

-ENDS-

Sources.

www.independent.co.uk/news/uk/home-news/worth-the-risk-uk-goes-f .. : www.independent.co.uk/news/uk/home-news/worth-the-risk-uk-goes-f ..

www.nytimes.com/2012/09/09/business/global/madrid-wins-bid-for-l .. : www.nytimes.com/2012/09/09/business/global/madrid-wins-bid-for-l ..

www.brisbanetimes.com.au/queensland/echo-plans-new-brisbane-casi .. : www.brisbanetimes.com.au/queensland/echo-plans-new-brisbane-casi ..
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Jackpot CityTerry Maverick+27 021 5286928 pr@jackpotcitycasino.com : mailto:pr@jackpotcitycasino.com


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