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High Rollers Returning to London For Stanley Leisure

Stanley Leisure, Britain’s biggest casino operator, yesterday reported that its London clubs had seen a recovery from the drop-off in revenues suffered in the first half of the year.

In a trading update ahead of its interim results, the company said that its casinos in the capital, which include Crockfords and the Colony Club, had been busy in the first few weeks of the second half.

It cautioned that performance “can change very quickly”, but added: “If these levels continue, we are confident that we will recover much of the business lost.”

Overall, the company said, trading in the first half had been in line with expectations, with its provincial venues producing a solid performance. The period included a seven-week contribution from its betting shop operation, which was sold to William Hill in June for £504 million.

Stanley, which runs 41 casinos in the UK, said that it had seen a rise in attendances since the abolition on October 1 of the so-called 24-hour rule, under which new members had to wait 24 hours before being able to play.

Read the entire article at: Times Online 

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