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Luminar To Move Into Gaming

Nightclub operator Luminar says it is in advanced talks to create a venture to convert some of its clubs into gaming clubs.

Its news came as it reported a slight improvement in tough trading over Christmas.

The firm, battling the fall in consumer spending and a glut of late-night entertainment venues, said like-for-like sales fell 3% in the five weeks to January 4.

That compared with a 4% drop in the first nine weeks of its second half.

The firm, already spending £100m to revamp some of its clubs, declined to name its potential joint venture partner – it is rumored to be France’s Accor.

The owner of London’s Hippodrome and Camden Palace also said like-for-like sales fell 3% in the five weeks to January 4.

Read the entire article at: Sky News 

2004 Online Casino News Archive


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