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]
References
- Stanley Leisure PLC Encyclopedia.com, retrieved 2021-11-10^
- Belfast peer and betting millionaire dies aged 73 Belfast Telegraph, retrieved 2021-11-10^
- Stanley Leisure founder Lord Steinberg dies Manchester Evening News, 3 November 2009, retrieved 29 March 2018^
- Genting seals Stanley Leisure takeover The Guardian, retrieved 2021-11-10^
- William Hill buys Stanley shops BusinessLive, retrieved 2021-11-10^