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London’s only dedicated poker venue bought by casino giant

Wednesday, November 23, 2011 : GENTING BUYS FOX POKER
 
London’s only dedicated poker venue bought by casino giant
 
Fox Poker Club has announced that Genting Casinos has acquired London’s only dedicated poker venue for an undisclosed sum.
 
The club was founded by Chris North and Ian Hogg in 2005 after seeing a space in the market for a poker club due to the demand created by the online poker revolution.
 
The club was granted a full UK Casino licence in 2008 and it opened in September 2010 after securing fundraising of around GBP1 million.
 
The establishment now employs over 80 staff and has over 20,000 members signed in just over 12 months. The club continues to make a healthy profit and is experiencing record week-on-week trading, a spokesman said this week.
 
The Fox Poker Club is London’s only fully licensed and dedicated poker club, situated on the world famous Shaftesbury Avenue in the heart of London’s West End.
 
Chris North, managing director of Fox Poker Club, said: “It was always a dream of mine to open a poker club in London and although it’s been a real challenge, with delayed openings and not getting our 24 hour licence until July this year, I’m extremely proud of what we’ve achieved. The club is in a great position to continue growing and we are very pleased that it is passing to such good hands. We wish the club and Genting all the success in the future.”

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Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

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Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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