Vol. 7 No. 6, June 2008
No demand for new licenses in the U.K.
The major U.K. casino operators are pulling back from previous plans to bid on 16 new licenses should the long-overdue Casino Location Order become law.
The Mail on Sunday quotes an unnamed industry insider as saying, “Enthusiasm has evaporated.”
Part of the blame is put on an increased tax, to be 24 pence on each pound of profit. Another factor was the comment last year by the former culture secretary that casinos might not be allowed to advertise.
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