Analysts
Cool Towards Stanley Leisure
As reported by the UK Business
Online: "Britons enjoy a flutter and after
the relaxation of gambling rules in November
more and more are heading to casinos. This plays
into the hands of the likes of Stanley Leisure,
which is expected to meet analyst expectations
when it reports full year results this week.
"With
37 provincial casinos and four in central London,
Stanley is the UK's biggest casino operator.
It has been splashing out to take advantage
of relaxed gambling laws, but analysts have
cooled toward the £500m company after
a storming performance by its share in the past
12 months.
"In
November the government relaxed gambling rules,
allowing casinos to advertise, abolishing the
24-hour rule which meant potential gamblers
had to wait a day after applying to join a casino
before playing, and allowing more electronic
gaming machines…" |