Genting Sells Underperforming Maxims Casino in London
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Genting UK has sold its interest in Coastbright Ltd., the casino operator of Maxims Club Casino in Kensington, London. A consortium of investors led by Canadian group Sonco Gaming Inc. has purchased the gambling venue for approximately £34.6 million.
Genting UK has sold Maxims Club Casino in Kensington, London to a Canadian gaming group for £34.6 million. Genting expects to make a £23 million gain from the sale. The casino and hospitality giant first arrived in the UK in 2006. It has bought and refurbished many properties across the nation. in last 13 years, Gentin UK operates more than 40 venues.
Genting sold Maxims Casino in London for £40 million. The casino had been struggling to attract customers. It is located in one of the wealthiest parts of London. It was built in 1860s in an 1860's building for John Forster, a friend of Charles Dickens.
