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AEG/Kerzner deal reported to be on shaky ground

Anschutz Entertainment Group (AEG) will have to rip up its deal with Kerzner International if the Millennium Dome wins the bid to host a supercasino under new rules the government plans to introduce next year.

AEG has given Kerzner exclusive rights to operate a casino at the Greenwich, south-east venue, which it owns.

But the government will insist the winning council must choose the company to run the business using a “fair and open” process.

Equal access must be given to domestic and overseas operators.

AEG warned that English partnerships would get less rent if AEG were not allowed to open a supercasino on the site.

References: The Times 04/09/05 page 2

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