You can’t tax a casino if it’s closed Opinion Modern casinos are regulated entertainment destinations that invest in city centres, support skilled local careers and strengthen Britain’s visitor and night-time economy. Tax policy should recognise their full contribution, says Paul Willcock Politicians of every party say they want businesses to invest in Britain, regenerate city centres, create good jobs and attract overseas visitors. Genting is doing [...]
Genting in the red after closing Britain’s oldest casino Business The UK arm of Genting fell into the red in the year after closing Britain’s oldest casino, it has been revealed. The Birmingham-headquartered division made a pre-tax loss of £6.2m for 2024, having previously posted a profit of £8m in 2023. New accounts filed with Companies House also show its revenue rose over the same [...]
Britain’s oldest Casino rolls dice for last time as high end tourists ditch London Casino The president of Genting Casinos UK told the outlet that there is a “combination” of factors which have put high-end London casinos at a competitive disadvantage to other global marketplaces.