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Branson Plans UK Casino Chain

15 Nov 2004

LONDON – As reported by UK Observer: "Richard Branson is planning to open a chain of casinos in Britain. His senior advisers have said that Virgin could open its first gaming den in 18 months.

"The Virgin tycoon last week became a member of the British Casino Association and 10 weeks ago, he quietly launched an online casino internet business. Without any marketing, it has already attracted 35,000 players.

"…His entrance would cause shockwaves in the UK industry, which is becoming increasingly certain it has seen off a foreign invasion by giant entertainment conglomerates.

"The government is expected to announce on Tuesday that the first wave of so-called mega casinos will be capped at one venue per region, with no more than nine in total. The decision will be a hammer blow to Las Vegas operators who were hoping for more than 20…"

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