Casino giant buys London's only dedicated poker venue
An announcement came this week from Fox Poker Club that it has closed a deal with Genting Casinos on the acquisition of London's only fully licensed and dedicated poker club for an undisclosed sum.
The club's history goes back to 2005, when it was founded by Chris North and Ian Hogg. It required a full UK Casino licence in 2008 and after securing some GBP1 million of fundraising, it opened in September 2010.
At the moment, the club has over 20,000 members, and it employs around 80 people. It has been specified by Chris North, managing director of the club: 'It was always a dream of mine to open a poker club in London and although it's been a real challenge, with delayed openings and not getting our 24 hour licence until July this year, I'm extremely proud of what we've achieved. The club is in a great position to continue growing and we are very pleased that it is passing to such good hands. We wish the club and Genting all the success in the future.'