Stanley Leisure Take Gamble On Future
Last updated: 13/03/2008 16:31
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Gaming group Stanley Leisure today pledged to spend more than £100m over the next five years on revamping its casinos.
Stanley, which sold off its betting shops to William Hill in May for £504m, is making the investment to cash in on the relaxation of UK gaming laws.
Money will be targeted at raising the number of slot machines in its four London casinos and 37 regional casinos, as well as refurbishing a number of sites. Stanley has lodged applications for five new licences under the existing gaming act and has a further nine casinos where it is exploring the potential to extend or relocate.
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