These individuals spent a combined £147,741 at Casino 36 between November 2017 and October 2018.Īlthough senior management became aware of these breaches on February 12, 2018, they continued to occur, according to the commission's comments at the time. The commission's investigation, one of many underway during that period, found the Wolverhampton-based venue failed to conduct adequate customer enhanced due diligence (EDD), source of funds and source of wealth checks for 33 customers. In 2019, the operator paid £300,000 to conclude a regulatory settlement with the UK Gambling Commission. Sources close to the transaction on Monday (July 18) said the Casino 36 deal would likely complete by mid-August.Ĭasino 36 has endured some turbulence with both its regulators and customers in recent years. Leaks from a draft of the white paper review, however, have suggested their pleas have not been heard and that a majority of the 1968 Act properties would not be eligible for additional machines. The UK's land-based casino operators, Genting among them, have lobbied the government during its long-running white paper review of the 2005 Gambling Act to introduce a sliding scale of slot machine entitlement for smaller casino properties still licensed under the 1968 Act. Two of the clubs within the Casino 36 portfolio, in Stockport and Dudley, hold 1968 Gaming Act licences limiting them to a maximum of 20 slot machines, but the Wolverhampton property is a small casino within the meaning of the 2005 Gambling Act, entitling it to up to 80 machines. No details of the value of the transaction were confirmed, which would extend Genting's presence in a shrinking UK casino market that has suffered nine casino closures, largely as a result of the COVID-19 pandemic. 'We are working very closely with the management team at Casino 36 and anticipate that we can have this full agreement completed in the coming weeks.'

'We are confident that any acquisition will strengthen our current portfolio and enhance our existing reputation as a leading UK casino operator.

'We can confirm that Genting Casinos UK is currently in advanced discussions to acquire all sites under the Casino 36 UK Ltd brand, specifically the casinos at Wolverhampton, Dudley and Stockport,” said a company spokesperson. Genting UK, the Malaysian-owned operator of more than 30 of the UK's 120 active casinos, has confirmed that it is poised to acquire Casino 36, which runs three casinos in the Midlands and Greater Manchester.

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