The super-casino battle
US casino giant Las Vegas Sands Corporation has announced that it plans to launch a bid to operate the UK’s first super-casino in Manchester.
However, Las Vegas Sands face stiff competition from Kerzner International, who still remain the favourite to operate the inaugural super-casino.
Las Vegas Sands' interest comes shortly after Europe’s biggest gambling company, Gala Coral, declared that they were not in the running for the licence of the super-casino and would focus their attention on a smaller scale.
"We're not looking at the regional casino, but we are looking at all of the 16 smaller sites," said Neil Goulden, Chief Executive of Gala Coral.
Las Vegas Sands are at the other end of the scale and have stated their tunnel-vision in achieving their aspirations.
"For Sands there is now only one choice, and that's Manchester," said a Las Vegas Sands spokesman.
"Sands is a builder of resorts where the casino is only part of the revenue model."
Las Vegas Sands have great experience in operating big casino complexes and have resorts in the biggest gambling venues in the world including Las Vegas and Macau. Therefore, the challenge of running the UK’s first Las-Vegas-style casino should not prove too tricky.
Companies vying for Manchester’s casino licence will find out in the next two months how they should submit their bids. Ladbrokes, Harrah’s Entertainment and MGM Mirage are also reported to be considering bids.
Editor, Jackpot.co.uk - 2007-02-07 11:55:46