September 13, 2022
Metropolitan Gaming has offloaded its South African casino interests in a move that the firm has said is reflective of a focused strategy to invest and develop facilities across primary markets. After purchasing 11 venues across the United Kingdom, Egypt and South Africa from Caesars Entertainment in August 2021, the casino and entertainment firm added the Park Lane Club London in June 2022 in what …
Read More »June 10, 2022
Metropolitan Gaming has secured its takeover of the Park Lane Club casino located in Mayfair. The purchase was undertaken by a Metropolitan subsidiary through an asset sale conducted by the administrators of Silverbond Enterprises Limited, the former operating company of Park Lane Club. In November 2020, the UK Gambling Commission (UKGC) revoked Silverbond Enterprises’ operating licence, due to a ‘change …
Read More »August 5, 2021
Caesars Entertainment Inc has completed the sale of its European and African casino properties to Metropolitan Gaming – a gambling investment firm owned by US private equity fund Silver Point Capital. The transaction will see Metropolitan Gaming take control of Caesars eleven casino properties located within the UK, Egypt, and South Africa. Metropolitan Gaming’s acquisition of Caesars UK properties, will …
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