Paul Willcock, President of Genting Casinos, remarked on the challenges faced by such establishments, asserting that a variety of factors have rendered the high-end casino market in London less competitive on a global scale, thereby jeopardizing the viability of Crockfords in its historic Mayfair location.
Genting Casinos, the proprietors of Crockfords, have attributed the closure to a downturn in the influx of upscale visitors and gamblers - a challenge that has also led to the shuttering of other high-stakes venues in the vicinity, such as The Ritz and The Clermont Club. The decision comes shortly after iGaming,org already reported about its uncertain future a month ago. This establishment, known as Britain’s oldest casino, has served as a gambling den to the affluent and noble since 1828. After nearly two centuries, Crockfords Casino, a venerated institution within London’s prestigious Mayfair, has now closed its doors.