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London Casino Construction Begins Without License

LONDON, England – As reported by the Denver Business Journal: "Construction on a proposed casino at London's Millennium Dome, being redeveloped by one of Denver billionaire Phil Anschutz's companies, has started without a license from the British government, according to a British press report. Anschutz Entertainment Group LLC (AEG) of Los Angeles also has said it will scale back the dome's redevelopment 'considerably,' if it doesn't get the casino license, The Times of London recently reported. That downsizing could include scrapping two hotels, a theater and an exhibition area.

"The 150,000-square-foot casino and its license have been the subject of controversy this summer, as Britain's Parliament and Scotland Yard launched investigations into possible conflict of interest at meetings between Anschutz and Deputy Prime Minister John Prescott related to the Millennium Dome's redevelopment. Among those meetings was a visit by Prescott to Anschutz's Colorado ranch last year.

"…The Millennium Dome on London's Greenwich Peninsula is the core of a new, $1.1 billion entertainment venue called The O2 being developed by AEG. The Anschutz company's partner in the casino is Kerzner International Ltd. of the Bahamas, which would build, own and operate the casino…"

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