Casino operator expands with city venue swoop
A casino operator has strengthened its market stake with a venue deal.
MERKUR Casino UK has bought Victoria Gate Casino.
Officials say the move for the Leeds-based site highlights its “commitment to supporting the high street and preserving and creating local jobs.”
The casino was bought from a VGC Developments subsidiary.
It comes after MERKUR launched casinos in Aberdeen and Milton Keynes.
The operator was supported on the deal by national legal and professional services firm Knights.
The team was led by corporate partner James Sparks alongside Paul Batchelor, Ashley Simpson and Daniel Bolderston in corporate; Krystal Gibbins and Mark Anton-Smith in real estate; Daniel Mackelden, Milena Falciano-Padron and George Maynard in commercial; and Katie Sharman and Jenny Colver in employment.
Egemen Coskun, MERKUR Casino UK chief financial officer, said: “This casino represents a fantastic opportunity as we continue to grow our UK portfolio.
“We remain committed to investing in quality leisure venues and supporting the future of land-based gaming in the UK.”
James, Knights’ corporate partner, added: “I’m looking forward to seeing the casino flourish, and wish the management and wider team the very best in their exciting venture.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy