AEG may pursue legal action
Following the shock decision to grant Manchester with the UK’s first supercasino, Anschutz Entertainment Group (AEG), redevelopers of The Dome, look primed to carry out their threat of legal action against the government who rejected their bid at Greenwich.
AEG had publicly announced before the decision that an unsuccessful supercasino proposal, incorporating the $1.1 billion redevelopment of The Dome (now called The O2 Arena), would put the whole project in jeopardy. In Greenwich Council’s proposal to the Casino Advisory Panel (CAP) they stressed the importance of a supercasino, referring to a National Audit Office report that claimed the absence of a supercasino would place the operator in a situation of commercial uncertainty.
Kerzner International Ltd would have been responsible for running the super-casino, which would have included a hotel.
AEG will proceed with the project at the new O2 Arena, which will include a concert arena, bars and cinemas, but since the decision, those serious doubts have now come to the surface.
“We are very disappointed that the London Borough of Greenwich has not been recommended as the location for the first regional casino,” said AEG Europe President David Campbell.
“We are taking time to examine the findings in full and consider our position.”
However, according to many in Greenwich, the months in the build up to the decision damaged Greenwich’s bid severely. Speculation over John Prescott’s friendship with Philip Anschutz caused many rumours to arise doubting the fairness of the decision procedure and may have influenced CAP’s decision.
Editor, Jackpot.co.uk - 2007-01-31 11:27:49