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Administrators called into high roller casino “Fifty”

“Fifty” is a high roller casino in London where the likes of Philip Green gamble along with many other multi million pound tycoons.  Recently London Clubs the owner of “Fifty” has been trying to find a buyer and has resorted to telling the members that if no buyer steps forward the club will go into administration.”We have explored and considered all alternatives but it is clear that despite the best efforts of the management the only option is to call in the administrators.”  ”The restaurants and bars will continue to trade as usual but for now the gaming operations remain suspended.”  London clubs is reported to be asking for a value between £10 million and £50 million.

The club opened in 1827 and was where the Duke of Wellington used to regularly gamble.  It is an incredible high rollers club with incredible restaurant and underground night club.  Unfortunately, the administrators have been called in next week.

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