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Stanley Leisure

From Wikipedia, the free encyclopedia

Stanley Leisure is a British casino firm.[1]

History

The company was founded in the 1950s as a bookmakers in Belfast.[2] It was originally run by Leonard Steinberg, Baron Steinberg. In 1977, Steinberg moved the business to Liverpool after an attempted assassination by the Provisional IRA over protection money.[3] In 2004, Steinburg sold half of his shares to the Malaysian company Genting; Steinberg retained a 12.2% stake.[4] In 2005, William Hill agreed to buy 624 betting shops from Stanley Leisure for £504 million.[5]

References

  1. ^ "Stanley Leisure PLC". Encyclopedia.com. Retrieved 10 November 2021.
  2. ^ "Belfast peer and betting millionaire dies aged 73". Belfast Telegraph. Retrieved 10 November 2021.
  3. ^ "Stanley Leisure founder Lord Steinberg dies". Manchester Evening News. 3 November 2009. Retrieved 29 March 2018.
  4. ^ "Genting seals Stanley Leisure takeover". The Guardian. Retrieved 10 November 2021.
  5. ^ "William Hill buys Stanley shops". BusinessLive. Retrieved 10 November 2021.


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This page was last edited on 23 April 2022, at 06:19
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