Caesars seeking LCI sale

By
Casino operators London Clubs International (LCI) have been put up for sale, according to a report in The Times newspaper.

LCI owners Caesars Entertainment, who are said to value the business at £160m, are understood to have appointed financial giants Goldman Sachs and PricewaterhouseCoopers to oversee the process.

The sale is apparently being broken down into two parts, with Caesars looking to sell both sections separately. LCI’s ten UK and two Cairo casinos are valued at £100m, with their Emerald Resort & Casino in South Africa rated at £60m.
TAGS:

Share This Post


NEWS SPONSOR

More News

MGM Resorts International has reported Q3 2020 revenue of $1.1bn, a 66% year-on-year decline as the company continues to struggle during the ongoing coronavirus pandemic.  The firm’s Las Vegas...




Helmet Guy of PlayAttack Affiliates on how both affiliate networks and affiliate programs can work to become a central node within the digital realm of the gambling industry. In computer science, the...