Tag Archives: Park Lane Club

Metropolitan to divest South African casino properties to bolster UK growth

SBC News Metropolitan to divest South African casino properties to bolster UK growth

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 …

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UKGC fines Park Lane Club operator £1.8m for multiple AML & SR failings

SBC News UKGC fines Park Lane Club operator £1.8m for multiple AML & SR failings

The UK Gambling Commission (UKGC) has sanctioned of £1.8 million fine and licence warning to London casino operator Silverbond Enterprises Ltd in relation to social responsibility failures and money laundering violations. Silverbond is the operating company of the ‘Park Lane Club’ casino in Mayfair a property which the UKGC has placed under review since February 2016, under section 116 of …

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