Tag Archives: Ritz
UK – Profit swings to loss for unfortuitous Ritz
The Ritz casino in Mayfair demonstrated the volatility of London’s VIP casino sector with losses of £11.7m reported in 2017. The loss follows profits of £8.9m in 2016. GGR dropped from £33m to £22.3m during the period although the casino’s owners, the Barclay brothers, revealed that footfall had been consistent referencing luck as being the…
UK – Ritz wins VIP Room of the Year again
The Ritz Club in London has won the award of VIP Room of the Year at the International Gaming Awards for the third time. Lesley Samuels, General Manager of Gaming and Nick Ostler, Customer Relations Manager of The Ritz Club had the honour of accepting the prestigious gaming award for Casino VIP Room of the…
UK – Ritz croupier wins UK Dealer of the Year Award
The Ritz Club, London’s premier casino is delighted to announce that Jamie Leigh Cummins has been awarded UK Dealer of the Year Award at the annual National Casino Forum (NCF) UK Dealer Championship, which was held at the Playboy Club, London this week. The event saw 16 of the country’s best dealers compete against each…
UK – Bad debtors force Ritz to £12m loss
One of the UK’s most high-end casinos, London’s Ritz club has reported a loss of £12.7m compared to a £5.2m profit last year due to ‘gaming debts’. The Mayfair casinos said that if it hadn’t been for the big debts run up by high rollers, it would have made a £2.4m profit for the year…
UK – Evolution partners with The Ritz Club
Evolution Gaming has entered into partnership with The Ritz Club, one of London’s most exclusive casino and private members’ clubs. The agreement will see Evolution deploy a Live Casino service for The Ritz Club that will initially include an on-premise ‘Dual Play Roulette’ convergence solution, alongside an extended range of live tables hosted at Evolution’s…
UK – Judge’s patience runs out with Ritz debtor
A judge has ruled that a billionaire businessman who owes London’s Ritz casino £2.2m should be jailed for ten months. The High Court ruled that Swiss national Safa Abdulla Al Geabury, 52, who blamed the casino and the Devil for his gambling losses was ‘deliberately dishonest’ and that he must settle the debt with the…
UK – Ritz rolls into the red due to high roller gambling debts
The Ritz Casino has revealed it has made an operating loss of £12.5m in 2013 as a result of ‘significant non-recoverable gaming debts.’ Turnover for the Piccadilly club improved from £21.5m to almost £32m whilst the adjoining Ritz hotel made a £9.6m profit. The Ritz has cited unpaid gambling debts from high-rollers as the reason…
UK – Ritz wins out in ‘problem gambler’ case
London’s Ritz Casino has won a court case forcing Noora Abdullah Mahawish Al-Daher to pay £1m plus interest from a gambling debt she owed. The judge ruled it was significant that she and another family member accumulated losses of £3m in Las Vegas just a few months later. Mrs Al-Daher, wife of the foreign minister…
UK – Ritz to sue over £5m cheque
The Ritz Casino in London is being forced to sue a Singapore player after his check for £5m bounced. In a writ served at the High Court, the high-end casino claims that property developer Bharat Kalwani exchanged the ‘worthless’ cheque for chips last October. Two months after the player’s multi-million-pound gambling spree, the casino tried…
