Operator News
UK – Genting puts £70m pricetag on 30 Curzon Street
By Phil - 15 November 2023
Genting has put a £70m pricetag on its former Crockfords casino in Mayfair, which comes with six stories of gaming rooms, a ballroom, champagne bar, three outdoor terraces and a cocktail lounge.
Known also as 30 Curzon Street, the property would come with a gaming licence although following problems for VIP casinos in London following Brexit and the pandemic, the property had previously run into financial difficulties. This led to its closure last month following in the footsteps of the Ritz and the Clermont.
Luke Hawkesbury, Savills director in London, said: “30 Curzon Street represents a once in a generation opportunity to acquire a piece of Mayfair history. Given its location, it naturally lends itself to a private members club, but with the necessary consents in place, it could become a boutique hotel, offices – or even a magnificent single private residence.”
Paul Willcock, President of Genting Casinos, said of its closure as a casino: “There is a combination of factors which have put high-end London casinos at a competitive disadvantage to other global marketplaces. This has led to an unsustainable future for Crockfords in Mayfair.”