One of the most exclusive Kensington casinos – Maxims Casino Club – has been offered for sale by the entity’s owner. It came to our knowledge that the Genting brand which has owned the casino for more than ten years now, has put the luxurious gaming venue for sale and is looking to get no less than £40 million as soon as they carry out the transaction.
As reported by The Times, the Genting would probably announce its decision for the sale as soon as possible. The Genting Casinos UK, which currently owns some of the most prominent and respected land-based casino brands in the UK, is rumoured to have appointed the property consultancy CBRE to carry out the sale. Currently, the Genting brand owns more than 40 casino licenses across the UK, which makes it one of the biggest leisure and entertainment businesses on the territory of the country.
Apart from the Maxims Casino Club and the emblematic Genting Casinos across the entire country, the leisure and entertainment brand also operates its flagship Crockfords Club, The Colony Club and The Palm Beach Casino in London.
Maxims Casino Club Difficulties
Apart from having a well-deserved reputation as one of the best international gaming destinations and part of the most exclusive casinos in London, Maxims Casino Club has always been popular for its location, since it is based inside Palace Gate House – a grade II listed Victorian townhouse. The house was built for Charles Dickens’ friend and biographer John Foster in 1862.
The place has recently underwent some refurbishment carried out by its owners from Genting Casinos. Despite its fine reputation and exclusive services, as well as the fact that the casino offers a variety of stake levels alongside some of the highest ones offered on a global scale, Maxims Casino Club has been facing some setbacks over the last few years.
As mentioned above, the casino is situated in the prominent Kensington area considered more aristocratic and stylish, but its location puts Maxims Casino Club away from the heart of Mayfair which has always been known as a place where most high-end casinos in London are gathered. According to rumours, the location could be exactly what should be blamed for the difficulties that have been faced by the casino recently.
Rumours that Genting Casinos could be thinking of a possible Maxim Casino Club sale have been roaming for some time now. Last year, the company explained that in certain cases they were open to sensible conversations about a possible sale of casino properties. The brand then reminded that it had a number of prominent casino destinations across the UK, including some pretty attractive locations in London, so they were often approached by interesting parties offering them to purchase some of these sites.