Philip Green of BHS is considering buying casino Les Ambassadeurs in Mayfair

Billionaire Philip Green of BHS is considering purchasing Les Ambassadeurs high roller casino in Mayfair for £20 million less than what the current owner Mr Sampoerna paid for it.  Philip Green is a regular player at Les Ambassedeurs casino and wants to buy it with the current owner of Newcastle football club.  Philip Green last christmas played high roller roulette and won big costing the casino £3 million.  Since Philip Greens winning and other losses the casino has showed a drop in profits causing the lower sale price.  Sheldon Adelson is said to be interested now in purchasing Les Ambassadeurs maybe he will put high roller slots in the casino like he has done in Macau and Vegas which has been very popular.  Ambassedeurs has always been a casino with no slots as typically UK high roller casinos don’t have slots but maybe Adelson will change it.

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This entry was posted on Wednesday, October 8th, 2008 at 6:38 pm and is filed under casinos.

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