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 2021-11-10.
  2. "Belfast peer and betting millionaire dies aged 73". Belfast Telegraph. Retrieved 2021-11-10.
  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 2021-11-10.
  5. "William Hill buys Stanley shops". BusinessLive. Retrieved 2021-11-10.