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England: Yarmouth casino developer places chips on Golden Mile site

1 April 2009

REAT YARMOUTH, England -- As reported by The Advertiser 24: "A leading developer interested in building Yarmouth's large casino has firmly placed his chips on a borough council-owned Golden Mile site.

"Trevor Osborne, whose Bath-based property group has led high-quality projects across Britain, including the regeneration of Oxford Castle and Bournemouth Pavilion, said he saw the large casino as a "lever to lift the quality in Yarmouth".

"Conscious of at least two rivals interested in building the casino on the same site ...Mr Osborne declined to disclose details of his scheme for commercial reasons. However he said his proposal was for a mixed leisure development involving an invest-ment "considerably more" than the estimated £35m cost of the two casino schemes unveiled so far.

"Prospective developers were told the council would be likely to advertise the licence for the casino ...in the gambling press in the autumn with a closing date for applications next spring..."

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