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{{Short description|UK casino business}}
{{Short description|UK casino business}}
{{Use dmy dates|date=April 2022}}
'''Stanley Leisure''' is a British casino firm.<ref>{{Cite web|url=https://www.encyclopedia.com/books/politics-and-business-magazines/stanley-leisure-plc|title=Stanley Leisure PLC|website=Encyclopedia.com|access-date=2021-11-10}}</ref>
'''Stanley Leisure''' is a British casino firm.<ref>{{Cite web|url=https://www.encyclopedia.com/books/politics-and-business-magazines/stanley-leisure-plc|title=Stanley Leisure PLC|website=Encyclopedia.com|access-date=2021-11-10}}</ref>


==History==
==History==
The company was founded in the 1950s as a [[bookmakers]] in [[Belfast]].<ref>{{Cite web|url=https://www.belfasttelegraph.co.uk/news/belfast-peer-and-betting-millionaire-dies-aged-73-28501786.html|title=Belfast peer and betting millionaire dies aged 73|website=Belfast Telegraph|access-date=2021-11-10}}</ref> 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.<ref>{{cite news|url=https://www.manchestereveningnews.co.uk/business/business-news/stanley-leisure-founder-lord-steinberg-933780|title=Stanley Leisure founder Lord Steinberg dies|newspaper=Manchester Evening News|date=3 November 2009|access-date=29 March 2018}}</ref> In 2004, Steinburg sold half of his shares to the Malaysian company [[Genting Group|Genting]]; Steinberg retained a 12.2% stake.<ref>{{Cite web|url=https://www.theguardian.com/business/2006/sep/11/gambling.money|title=Genting seals Stanley Leisure takeover|website=The Guardian|access-date=2021-11-10}}</ref> In 2005, [[William Hill]] agreed to buy 624 betting shops from Stanley Leisure for £504 million.<ref>{{Cite web|url=https://www.business-live.co.uk/economic-development/william-hill-buys-stanley-shops-3996440|title=William Hill buys Stanley shops|website=BusinessLive|access-date=2021-11-10}}</ref>
The company was founded in the 1950s as a [[bookmakers]] in [[Belfast]].<ref>{{Cite web|url=https://www.belfasttelegraph.co.uk/news/belfast-peer-and-betting-millionaire-dies-aged-73-28501786.html|title=Belfast peer and betting millionaire dies aged 73|website=Belfast Telegraph|access-date=2021-11-10}}</ref> 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.<ref>{{cite news|url=https://www.manchestereveningnews.co.uk/business/business-news/stanley-leisure-founder-lord-steinberg-933780|title=Stanley Leisure founder Lord Steinberg dies|newspaper=Manchester Evening News|date=3 November 2009|access-date=29 March 2018}}</ref> In 2004, Steinburg sold half of his shares to the Malaysian company [[Genting Group|Genting]]; Steinberg retained a 12.2% stake.<ref>{{Cite web|url=https://www.theguardian.com/business/2006/sep/11/gambling.money|title=Genting seals Stanley Leisure takeover|website=The Guardian|access-date=2021-11-10}}</ref> In 2005, [[William Hill (bookmaker)|William Hill]] agreed to buy 624 betting shops from Stanley Leisure for £504 million.<ref>{{Cite web|url=https://www.business-live.co.uk/economic-development/william-hill-buys-stanley-shops-3996440|title=William Hill buys Stanley shops|website=BusinessLive|access-date=2021-11-10}}</ref>


==References==
==References==
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[[Category:Gambling companies of the United Kingdom]]
[[Category:Gambling companies of the United Kingdom]]
[[Category:2006 mergers and acquisitions]]
[[Category:2006 mergers and acquisitions]]



{{UK-company-stub}}
{{UK-company-stub}}

Latest revision as of 02:13, 13 November 2024

Stanley Leisure is a British casino firm.[1]

History

[edit]

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

[edit]
  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.