Metropolitan Gaming completes acquisition of Caesars European and African assets

Metropolitan Gaming Limited has completed the acquisition of the European and African casino businesses of Caesars Entertainment
Metropolitan Gaming completes acquisition of Caesars    European and African assets

Metropolitan Gaming Limited has completed the acquisition of the European and African cassino businesses of Caesars Entertainment.

Metropolitan Gaming, an investiture company entirely owned by Silver Point Washington and its affiliates, completed the transaction on 16 July 2021. It now owns and operates casinos inwards 11 locations across the UK and Africa, including Leicester Square’s Empire Casino.

“We are really excited near the opportunity to acquire a identification number of historical and high-end casinos inwards the United Kingdom,” said Edward Mulé, Founding Partner of Silver Point.

“The acquisition fits substantially with Silver Point's focussing on investing inwards high-quality businesses at opportune times.”

Silver Point testament cater investment and strategical bread and butter to the business, and do work with direction to evolve Metropolitan Gaming into a leading brand inward the luxury and insurance premium gaming sectors.

Newly ordained CEO of Metropolitan Gaming, Michael Silberling, commented: “I am excited to conjoin the awing squad at Metropolitan Gaming. The world, the planetary economy, and the hospitality manufacture hold been rocked past the Covid-19 pandemic, but I trust that this squad is wellspring positioned to lead a strong rebound of this business, benefitting from their get and expertise, and a partner that is committed to invest.

“We specify to sharpen on job creative activity and investiture inwards this historic business concern as we partner with our employees, regulators and the communities inward which we run to create a safe, fun and memorable see for our customers that is 2d to none.”

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