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Isle of Capri Still Interested in UK Investment

13 April 2004

UNITED KINGDOM – As reported by the UK Independent: "One of America's top 10 quoted casino groups has announced its backing for the Government's proposed relaxation of gambling laws, despite an influential committee of MPs and peers last week recommending restrictions on deregulation.

"Tim Hinkley, the chief executive of Isle of Capri, which is already involved in casino developments in the Midlands, said his company's plans were still on track and that he intended to press ahead with investment in the UK.

"His comments will further allay fears that large US gaming groups might be put off investing in the UK because of certain limits to gaming liberalisation recommended by the committee, which was charged with scrutinising the Government's draft gambling Bill before it reaches the floor of the House of Commons.

"The committee suggested the number of high-value jackpot machines allowed in casinos should be limited…"

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