Following the relatively
recent recommendations of the UK Gambling Commission to Secretary of State for
Culture, Media and Sport, Tessa Jowell, as to which UK cities and boroughs would
be deemed the most fit to hold any of the seventeen casino licenses called for
under the Gambling Act 2005, UK casino kingpin, Stanley Leisure, has announced
it will be bidding on the super-casino license awarded to Manchester.
A bold move for Stanley
Leisure, all things considered, the impetus for the decision most certainly came
from Genting International, who acquired Stanley last year for £639 million. On
the heels of Genting's contract to build a £3 billion casino in Singapore, the
prospect of Stanley Leisure being endowed for what will invariably be a giant
undertaking (the word super-casino is not to be taken lightly) is looking quite
favorable.
Stanley Leisure expressed
hope that Manchester would be conducting a transparent bidding process - one
that will likely involve bids from even higher profile casino operators based in
Las Vegas. Finance Director, Michael Riddy, openly concurred that a standalone
UK casino operator would have an enormous challenge outbidding any of the Las
Vegas giants like Harrah's or Wynn Resorts. However, thanks to Genting, Stanley
Leisure now has the backing of a multi-national group that will give any other
bidders a good run for their money.
When asked how Stanley
Leisure would react to an "explosion" in problem gambling - as critics of the UK
Gambling Act are proclaiming - Riddy sided with Jowell's view that the United
Kingdom now operates the most strictly regulated casino gambling industry in the
world. Riddy then followed up with a foot-shooting comment by blaming the online
casino gambling industry for the increase in problem gambling over the years.
Considering the UK Gambling
Act governs both land-based casinos (a prospective Stanley Leisure super-casino)
and land-based gambling destinations, one would hope Riddy was only
referring to days of ore when no UK online gaming regulation was yet in place.
And yes, in the good name of UK nationalism, one would hope that Stanley Leisure
takes home the gold in Manchester.