Times
By Dominic Walsh and Helen Nugent
BIRMINGHAM may not have the glamour credentials of Monte Carlo, but one punter’s run of luck at a Midlands casino forced one of Britain’s biggest gaming companies to issue a profit warning yesterday.
Paul Newey, thought to have been playing at Birmingham’s Star City casino, is rumoured to have won £3 million, wiping 12 per cent — £64 million — from Stanley Leisure’s market value.
Rumours of the win surfaced after the casino chain, founded by Lord Steinberg, a donor to the Conservative Party, announced that it had “suffered material losses to a major player” at one of its casinos.
The company hopes that it will get the go-ahead to become one of the new super-casinos envisaged under the Government’s controversial gambling deregulation.
http://www.timesonline.co.uk/newspaper/0,,173-1427748,00.html