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Analysts Cool Towards Stanley Leisure

24 Jan 2006

UNITED KINGDOM – As reported by the UK Business Online: "Britons enjoy a flutter and after the relaxation of gambling rules in November more and more are heading to casinos. This plays into the hands of the likes of Stanley Leisure, which is expected to meet analyst expectations when it reports full year results this week.

"With 37 provincial casinos and four in central London, Stanley is the UK's biggest casino operator. It has been splashing out to take advantage of relaxed gambling laws, but analysts have cooled toward the £500m company after a storming performance by its share in the past 12 months.

"In November the government relaxed gambling rules, allowing casinos to advertise, abolishing the 24-hour rule which meant potential gamblers had to wait a day after applying to join a casino before playing, and allowing more electronic gaming machines…"

 
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