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The site of a former casino in Aberdeen, Scotland, has been out up for sale following the liquidation of its operator.
The International Casino on Market Street had its licence suspended earlier this year when the city’s licensing board found it to have been in breach of certain rules.
The building is now on the market and is expected to fetch more than £1m.
George Stewart, one of the directors of the company that ran the casino, told the Press and Journal that he was no longer interested in the gaming industry.
'The industry is over-regulated and it’s time to move on,' he told the newspaper. 'We did something, we invested a lot in it, but it’s time to get out.'
All queries will require due diligence on our behalf for suitability of license application. To include signed NDA and Proof Of Funding.
What the Gambling Commission expects from applicants for licences
The Gambling Commission expects applicants for licences to:
• Be able to demonstrate that they can meet the Gambling Commission’s suitability assessment;
• Ensure that the activities they plan to carry out will be conducted in a manner which minimises the risks to the licensing objectives;
• Work with the Gambling Commission in an open and cooperative way; and
• Disclose to the Gambling Commission anything which we would reasonably expect to know.
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How is your application assessed?
The Gambling Commission will take a number of factors into consideration whilst processing your application.
Your application will be assessed against five basic areas:
• Identity and ownership – The identity of the applicant and or person(s) relevant to the application and in the case of an operating licence, who ultimately owns a corporate applicant.
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• Finances – Financial and other circumstances of the applicant past and present and/or person(s) relevant to the application. This will include the resources likely to be available to carry out the licensed activities.
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• Integrity – The honesty and trustworthiness of the applicant or person(s) relevant to the application.
• Competence – The experience, expertise, qualifications, and history of the applicant or person(s) relevant to the application.
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• Criminality – Criminal record of the applicant and/or person(s) relevant to the application. These will be assessed using both the information provided as part of the application and also information available from other sources (eg government departments, overseas regulators).
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Further information on how your application is assessed can be found in the Licensing, Compliance and Enforcement Policy Statement.