Star City Birmingham on the Block

Sun, Apr 10, 2016

Cerbus Capital Management wants to unload its Star City Casino in Birmingham, England, according to reports from local media. The asking price reportedly will be in the £60 million ($US85 million) range. The property includes a Genting casino, movie theater, bowling alley, and retail.

Are resort’s days numbered?

Star City Casino in Birmingham, England will reportedly be sold, according to the iGaming Post. The price tag for the casino and entertainment complex will be in the £60 million ($US85 million) range, local media report.

The rumored sale price would constitute a loss for owner Cerbus Capital Management, which bought the property in 2006 for a reported £85 million (US$120 million). The Post report indicates the underperforming complex may be demolished. The 400,000-square-foot casino resort, which originally opened in 2000, includes a Genting casino, a movie theater, a Tenpin bowling alley, and indoor climbing center and gym, as well as retail outlets.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.