Stanley Leisure

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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]

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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.