Casino London

London Clubs International
IndustryGaming, hospitality
Founded1981
HeadquartersLondon, England, U.K.
ProductsHotels, casinos
OwnerCaesars Entertainment
Websitecaesars.co.uk

The Hippodrome Casino says The UK's biggest and most popular casino and entertainment venue. Five floors of fun with three gaming floors alongside a 180-seat theatre, award-winning steak. The Ritz London is a 5-star hotel featuring a restaurant and free WiFi, and it’s a top choice near the casinos. Another good option to try your luck is The May Fair, A Radisson Collection Hotel, Mayfair London.

London Clubs International (LCI) is a British gambling company that operates twelve casinos in the United Kingdom, Egypt, and South Africa. It is owned by Caesars Entertainment.

History[edit]

London Clubs originated as a chain of casinos owned by the conglomerate Grand Metropolitan. In 1988, Grand Metropolitan decided to sell its casino division to focus on its core businesses of food, beverages, and retail.[1] The next year, London Clubs became an independent company, when Grand Metropolitan sold an 80 percent stake in the chain in a management buy-out for £128 million.[2] Its operations at the time comprised six casinos in London, one in France, and five on Cunard Line cruise ships.[3]

In 1991, British gaming regulators opened an investigation of London Clubs, focusing on alleged violations of casino regulations and questionable backgrounds of some of the company's shareholders.[4] The Gaming Board decided to oppose license renewals for the company's casinos in London.[5] Ultimately, London Clubs was able to satisfy regulators by replacing its top management and arranging for shareholder David Shamoon to sell his stock, and the casinos' licenses were renewed.[6][7][8]

LCI became a publicly traded company in 1994 when it was floated on the Unlisted Securities Market.[9][10]

Dec 12, 2020 - Temporarily Closed. Gateway Casinos London with 750+ slot machines plus electronic table games like Blackjack or Poker! Enjoy The Getaway. For a great night out in London that doesn’t have to stop at midnight, head to one of London’s best casinos. Empire Casino These aren’t just places to try your luck at beating the house – with restaurants, bars, music and theatre all packed in, a night out at a London casino can be so much more.

By 2001, LCI had developed severe financial problems, after its failed venture in the Aladdin Casino on the Las Vegas Strip. A combination of cost overruns, declining tourism, and poor design led to the casino filing bankruptcy in September 2001 and eliminating LCI's equity in the casino.[11]

In 2006, London Clubs International was acquired by Harrah's Entertainment. Before being bought by Harrah's, LCI was in negotiations with Stanley Leisure (England's largest casino operator) about a possible merger, but the latter were outbid by Harrah's. Genting Group, a Malaysian gaming giant, was also interested in LCI. 'London Clubs is an important strategic asset for foreign gaming companies wanting to establish a footprint in the UK ahead of deregulation,' said Matthew Gerard of Investec Securities.[12] Interest in British casinos had increased in 2006 due to legislation that allowed for larger 'Vegas style' casinos.

Casino

At the time of purchase, LCI operated casinos in London, Southend, and Brighton, as well as in Egypt and South Africa.[12] It also had licences to build five additional casinos.

LCI is best known for being the host of the World Series of Poker Europe (WSOPE). The World Series of Poker is the most prestigious poker tournament in the world, and the WSOPE was the first time it held an event outside of Las Vegas, Nevada.[13] In 2007, Thomas Bihl became the first person to ever win a WSOP bracelet outside of Vegas. Bihl won the £2,500 World Championship H.O.R.S.E. at the World Series of Poker Europe at LCI. Days later, Annette Obrestad became the youngest player to ever win a WSOP bracelet at 18 years, 364 days, also becoming the first woman to win a World Series Main Event (Unlike Nevada, English gambling laws do not prohibit 18-year-olds from participating).[14] Harrah's Casinos, the owner of the WSOP, considers the WSOP Europe bracelet to be the same in prestige as those awarded every year in Las Vegas.

While no definitive plans have been announced, Pollack[clarification needed] indicated in February 2007 that other venues may start holding WSOP events.[13] Egypt and South Africa were mentioned as possible expansion sites because Harrah's owns casinos, via LCI, in those two locations.[15]

In 2010, Harrah's was renamed as Caesars Entertainment.[16] Caesars was acquired in 2020 by Eldorado Resorts, which then changed its own name to Caesars Entertainment.

LondonLondon

Casinos[edit]

Egypt[edit]

Casino London

South Africa[edit]

United Kingdom[edit]

References[edit]

  1. ^'GrandMet on a roll but to quit casinos'. The Sunday Times. London. 18 December 1988 – via NewsBank.
  2. ^Derek Harris (6 May 1989). 'GrandMet selling six casinos to buyout team'. The Times. London – via NewsBank.
  3. ^Clay Harris (6 May 1989). 'GrandMet sells 80 per cent casino stake for 128 million pounds'. Financial Times. London – via NewsBank.
  4. ^'London Clubs: Decision soon'. The Observer. London. 29 September 1991 – via Newspapers.com.
  5. ^'London Clubs: Faites von jeux'. The Observer. London. 15 March 1992 – via Newspapers.com.
  6. ^Michael Gillard (9 August 1992). 'Deal on cards to save London Clubs'. The Observer. London – via Newspapers.com.
  7. ^'Yard arrest in Revenue probe'. The Observer. London. 30 May 1993 – via Newspapers.com.
  8. ^Chris Blackhurst (18 October 1992). 'Casino war comes to court'. The Independent. Retrieved 20 September 2020.
  9. ^Martin Flanagan (12 May 1994). 'London Clubs deals a £125m flotation card'. The Times. London – via NewsBank.
  10. ^'Casino stakes'. The Independent. London. 3 June 1994 – via NewsBank.
  11. ^Reece, Damian (30 September 2001). 'Aladdin failure puts LCI on edge'. The Daily Telegraph. London.
  12. ^ ab'Casino giant to buy London Clubs'. BBC News.com. BBC News. 31 August 2006. Retrieved 9 February 2009.
  13. ^ abWarner, Eric. Stay classy, London: Jeffrey Pollack on the World Series of Poker EuropeArchived 19 May 2009 at WebCite 27 February 2007. Pokerlisting.com Accessed 7/25/07
  14. ^Pokernews.com: £10,000 NLHE, Final Table: Annette Obrestad Makes History
  15. ^Bambach, Mike.World Series of Poker ups the ante, expands event to Europe 6-28-07. USA Today. Accessed 7/25/07
  16. ^'Harrah's controlling stake in London Clubs International'. FinancialWire. 5 November 2006 – via NewsBank.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=London_Clubs_International&oldid=989827891'

Welcome to Online Casino London, we offer a wide range of thrilling slot games that have unique themes, excellent bonus rounds and large jackpots.

Casino London Covid

If you are looking to experience slot games that are more than fruit machines, you have come to the right place. Start gaming today with our exclusive welcome offer spin the Mega Reel for your chance to win amazing prizes including Amazon vouchers, 500 Free Spins on Starburst and Free Spins on Fluffy Favourites!

Casino London Number One

Once you have claimed your welcome offer, you'll be able to enjoy over 500 amazing slots including Starburst, Fluffy Favourites, Rainbow Riches, Chilli Heat and Gonzo's Quest.

Online Casino London is sure to please!

Bridge

Bonus Policy

Casino London Open Now

  • 'Free Spins' refers to spins on regular slot games.
  • The Welcome offer: You will receive a FREE spin of the 'Mega Reel' when you make your first deposit. Prizes vary, ranging from Free Spins to Amazon Vouchers.
  • You will either be invited to play for FREE or pay a small amount to spin the Reel.
  • By agreeing to these terms and conditions, you acknowledge that the 'Mega Reel' is a game of chance and that winning a prize is NOT guaranteed.
  • Amazon vouchers won from the Mega Reel will be emailed to the address registered on your account within 7 days. We are not liable for the non-receipt of the vouchers. You are responsible for ensuring the email address on your account is correct. Vouchers will not be resent for any reason.
  • If you chose to close the 'Mega Reel' pop-up, this is your choice and the game will not be made available or be re-credited to your account until the next claim.
  • Wins resulting from Free Spins are credited to your account as 'Bonus' cash. Winnings from Free Spins are subject to a maximum win amount of £8 per 10 free spins. For example, the maximum amount of bonus cash that can be won from 20 free spins is £16. Due to maximum win amounts, you may not receive all the spins which are displayed as remaining to play.
  • If you experience any issues with claiming the mega reel and/or free spins, please get in touch with the support team who will look at your request on a case by case basis.
  • Bonuses are not automatically credited after depositing via the 'Quick Deposit' option. Please contact customer support in order to claim.
  • The following applies to all Bonus funds obtained on the site: the wagering requirement is 65 x bonus won + any remaining wagering requirement. If you decide to cash-out (withdraw) before fulfilling the wagering requirement, you will forfeit all remaining bonus funds, free spins, Loot Chest plays and Mega Reel spins. For example, if you win £10 bonus from free spins from a £20 deposit and your current wagering requirement is £100, this will result in a wagering requirement of £10 X 65 + £100 = £750. If there is no existing bonus in your balance or wagering requirement and you win £10 bonus from free spins from a £20 deposit, the wagering requirement is calculated as £10 x 65 = £650.
  • Only bonus wagers contribute towards fulfilling the wagering requirement. Real money wagers do not contribute.
  • You can withdraw your real money balance (subject to withdrawal policy) but Bonus funds can never be withdrawn.
  • The maximum amount (for accounts that have made a deposit) which can be converted to your Real Money (withdrawable) balance as a result of fulfilling the bonus wagering requirement, is the value of your lifetime deposits on this website, up to a maximum of £250. For example, if you have accumulated bonus funds of £400 once the wagering requirement has been fulfilled and your total lifetime deposits are £50, then £50 will be transferred to your real money bankroll. The remaining bonus balance will be removed permanently.
  • The maximum bonus conversion for accounts that have not made a deposit is £50. E.g. if you have accumulated bonus funds of £400 once the wagering requirement has been fulfilled, £50 will be transferred to your real money bankroll. The remaining bonus balance will be removed permanently.
  • Winnings generated from your bonus balance will be accumulated to the bonus balance bankroll. Once the wagering requirements (65x) have been met, the remaining bonus (maximum £250) will be transferred to your real (withdrawable) bankroll. All withdrawals are subject to the banking policy included in these terms and conditions.
  • Winnings are credited to the balance from where the wager was taken. If in a single transaction you wager 50% with real money and 50% with bonus funds, any winnings will be credited to match the proportion of the original wager. E.g. A £3 total wager (£1.50 Real and £1.50 Bonus balance) results in a £10 win, this means £5 will be credited to each balance.
  • Real funds will always be used to wager before bonus funds. You will only use your bonus balance when you do not have enough real money to place the wager.
  • The following games do not contribute towards fulfilling the wagering requirement: Blackjack (all variants), Roulette (all variants), any other casino style games and progressive jackpot slots. The company reserves the right to alter this at any time and without notice. Any changes in this regard will not impact any existing bonus or offers which have been offered to you, or have been already claimed.
  • Bonus money wagering is not available on progressive jackpot slots, including (but not limited to): 'Fluffy Favourites Jackpot' and 'Fluffy Too Jackpot'
  • You can track your remaining wagering requirement on the withdrawal page of the website.
  • The company reserves the right to amend the wagering requirements on bonus funds at its sole discretion. Any changes in this regard will not impact any existing bonus or offers which have been offered to you, or have been already claimed.
  • Regular site T&Cs apply