Liverpool's Leo Casino Changes Hands to Gala Group
Deal News | Feb 13, 2025 | Global Leisure Partners LLC
Gala Group Ltd, the UK's premier gaming company, has announced its acquisition of the Leo Casino in Liverpool for £14.5 million. The deal, facilitated by advisory firm Global Leisure Partners LLC, is expected to conclude within two weeks. Leo Casino, located at the Queen's Dock near Liverpool's Albert Dock, boasts 22 gaming tables alongside restaurant and bar facilities. With this addition, Gala now owns 31 casinos, solidifying its position as a market leader in the gaming industry. Neil Goulden, CEO of Gala Group, expressed enthusiasm for the acquisition, highlighting the rare opportunity and the strategic expansion into the Merseyside region. Amaury Taittinger, the current owner, endorsed the transaction citing Gala's reputation and potential for further success at Leo Casino.
Sectors
- Gaming and Leisure
- Mergers and Acquisitions
Geography
- United Kingdom – The acquisition involves a UK-based gaming company and a casino located in Liverpool, UK.
Industry
- Gaming and Leisure – The article involves the acquisition of a casino, which is part of the Gaming and Leisure industry known for operations involving casinos, betting shops, bingo clubs, and online gaming.
- Mergers and Acquisitions – This acquisition is a corporate event where ownership of Leo Casino is transferred from Amaury Taittinger to Gala Group Ltd, fitting within the context of Mergers and Acquisitions.
Financials
- £14.5 million – The acquisition price Gala Group Ltd agreed to pay for Leo Casino.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gala Group Ltd | Buyer | Company | Europe's leading integrated gaming company with operations across casinos, bingo clubs, and betting offices. |
| Leo Casino | Target Company | Company | A casino located in Liverpool, UK, featuring gaming tables, a restaurant, and bars. |
| Amaury Taittinger | Vendor | Person | Previous owner of Leo Casino, and owner of the Dolby Hotel in Liverpool. |
| Global Leisure Partners LLC | Advisor | Company | Financial adviser for the sale of Leo Casino to Gala Group Ltd. |