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All queries will require due diligence on our behalf for suitability of license application. To include signed NDA and Proof Of Funding.
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What the Gambling Commission expects from applicants for licences
The Gambling Commission expects applicants for licences to:
• Be able to demonstrate that they can meet the Gambling Commission’s suitability assessment;
• Ensure that the activities they plan to carry out will be conducted in a manner which minimises the risks to the licensing objectives;
• Work with the Gambling Commission in an open and cooperative way; and
• Disclose to the Gambling Commission anything which we would reasonably expect to know.
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How is your application assessed?
The Gambling Commission will take a number of factors into consideration whilst processing your application.
Your application will be assessed against five basic areas:
• Identity and ownership – The identity of the applicant and or person(s) relevant to the application and in the case of an operating licence, who ultimately owns a corporate applicant.
• Finances – Financial and other circumstances of the applicant past and present and/or person(s) relevant to the application. This will include the resources likely to be available to carry out the licensed activities.
• Integrity – The honesty and trustworthiness of the applicant or person(s) relevant to the application.
• Competence – The experience, expertise, qualifications, and history of the applicant or person(s) relevant to the application.
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• Criminality – Criminal record of the applicant and/or person(s) relevant to the application. These will be assessed using both the information provided as part of the application and also information available from other sources (eg government departments, overseas regulators).
Further information on how your application is assessed can be found in the Licensing, Compliance and Enforcement Policy Statement.
Europe - Choose your clientele or cover the market with these opportunities; Five casinos, three hotels, or the entire package.Option #1: Five casinos. Newest casino opened this year, other four running on permanent gaming license since 2007. All open 24 hours. Over 200 slots. The largest casino has full license for table games at new owners option. All management plan to stay on for new owner. Low cost operations. Staff of sixty plus all operations cost about $750,000 annually. Price - 14m Euros includes 100% of business, assets, permits, and licenses.
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Option #2: Three luxury hotels with casino licenses if desired. Two are freehold and third management only. All have large pool and spa areas. There are over 250 rooms between the three properties. Popular water park included in sale. Price 36m Euros.Option #3 Purchase all five freehold casinos and two freehold hotels with management of third and option to install casinos in hotels - Price - 49m Euros
Asking Price: €49,000,000
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Listing Number: WCS-5122Request Details