Metropolitan Gaming Limited announced that one of its subsidiaries has completed the purchase of Park Lane Club London through an asset sale by the managers of Silverbond Enterprises Limited.
Michael Silberling, CEO of Metropolitan Gaming, appreciates adding the iconic Park Lane Club to the group's casinos: “we have exciting plans to invest in and develop the business moving forward. We look forward to welcoming the Park Lane Club team to Metropolitan Gaming and creating safe and memorable experiences for our guests in the new location."
The Administrator, Bob Maxwell, Office Partner in Charge at Begbies Traynor, Leeds, said, "This has been an interesting and challenging engagement in an exciting industry sector. There was considerable interest to purchase this iconic casino from businesses around the world. We are delighted that the business has been purchased by Metropolitan Gaming who are ideally placed to develop the casino at Park Lane."
Metropolitan Gaming highlights that Park Lane Club is in the heart of Mayfair, on two floors of the world-renowned Hilton hotel. They also emphasize that it has a spectacular gaming floor, private gaming room, outdoor gaming terrace, lounge, and bar. The club will be refurbished and rebranded to Metropolitan Park Lane after a short transition period.
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