News

Casino and Hotel complex for island – interest sought

Isle of Man Department of Economic Development
St George’s Court
Upper Church Street
Douglas
Isle of Man
IM1 1EX
Issue date: 8th November 2011
ISLE OF MAN RELEASES SUPPORTING INFORMATION
FOR NEW HOTEL AND CASINO COMPLEX
On 22nd September, the Isle of Man Government announced that it was seeking expressions of interest from individuals and organisations keen to work with the Government to establish the first five star hotel and casino complex on the Island. 
The Government has further announced today that it has prepared supporting information regarding the opportunity and that this information is now available upon request, in both hard and soft copies, to interested parties. 
A high quality hotel and casino complex incorporating conference and leisure facilities presents an exceptional opportunity to build and operate a casino resort hotel in Europe and provides an exciting opportunity for both the Island, and for those involved in financing, developing and operating casino hotel leisure resorts. 
John Shimmin MHK, Minister for the Isle of Man Department of Economic Development, added:
‘I am delighted that this project is progressing well and anticipate good levels of interest in this unique opportunity to develop a hotel and resort complex in the Isle of Man.   Anyone interested in this opportunity should in the first instance make contact with our Director of the Business Development Agency who will be able to supply further information and detail.
The Isle of Man is an excellent location for a high quality hotel resort and casino complex due to its good transportation links with the UK, excellent lifestyle and a wide range of outdoor activities including nine golf courses.  A new resort would be a welcome addition to our already successful visitor attractions and will add to the Island’s development.’
Expressions of interest will be assessed and invitations to tender formally will follow. Tenders submitted will involve consideration by the Department of Economic Development, who will be liaising with Global Betting and Gaming Consultants (CBGC) and the Island’s Gambling Supervision Commission.  Meetings may be arranged with representatives of interested parties where appropriate.
The Isle of Man Government is dedicated to providing the best possible environment for business to flourish.  Anyone interested in registering their interest should do so by contacting:
Tim Craine
Director
Business Development Agency
Department of Economic Development
St George’s Court
Upper Church Street
Douglas
IM1 1EX
ENDS