London Clubs International

London Clubs International (LCI) is a British gambling company that was bought by Harrah's Entertainment in 2006. At the time of purchase, LCI operated casinos in London, Southend and Brighton as well as in Egypt and South Africa.[1] It also had licenses to build five additional casinos. Before being bought by Harrah's, LCI was in negotiations with Stanley Leisure (England's largest casino operator) about a possible merger, but the latter were outbid by Harrah's. Genting, a Malaysian gaming giant, was also interested in LCI. "London Clubs is an important strategic asset for foreign gaming companies wanting to establish a footprint in the UK ahead of deregulation," said Matthew Gerard of Investec Securities.[1] Interest in British casinos had increased in 2006 due to legislation that allowed for larger "Vegas style" casinos. LCI is best known for being the host of the World Series of Poker Europe (WSOPE). The World Series of Poker is the most prestigious poker tournament in the world, and the WSOPE was the first time it held an event outside of Las Vegas, Nevada.[2] In 2007, Thomas Bihl became the first person to ever win a WSOP bracelet outside of Vegas. Bihl won the ?2,500 World Championship H.O.R.S.E. at the World Series of Poker Europe at LCI. Days later, Annette Obrestad became the youngest player to ever win a WSOP bracelet at 18 years, 364 days, also becoming the first woman to win a World Series Main Event (Unlike Nevada, English gambling laws do not prohibit 18 year o

ds from participating).[3] Harrah's Casinos, the owner of the WSOP, considers the WSOP Europe bracelet to be the same in prestige as those awarded every year in Las Vegas. While no definitive plans have been announced, Pollack[clarification needed] indicated in February 2007 that other venues may start holding WSOP events.[2] Egypt and South Africa were mentioned as possible expansion sites because Harrah's owns casinos, via LCI, in those two locations.[4] LCI had developed severe financial problems back in 2001, after its failed venture in the Aladdin Casino. A combination of cost overruns, declining tourism, and poor design led to the casino filing bankruptcy in September 2001 and eliminating LCI's equity in the casino. Annette Obrestad (born September 18, 1988) is a Norwegian poker player. Obrestad is the youngest person to ever win a World Series of Poker bracelet, which she accomplished at the 2007 World Series of Poker Europe (WSOPE).[1] Obrestad is a Lock Poker Pro[2] and plays under the username Annette_15.[3] Nevada (i/nv?d?/) is a state in the western, mountain west, and southwestern regions of the United States. Nevada is the 7th most extensive, the 35th most populous, and the 9th least densely populated of the 50 United States. Over two-thirds of Nevada's people live in one single county, Clark County, which contains the Las Vegas–Paradise metropolitan area,[6] where the state's three largest incorporated cities are located.[7] Nevada's capital is Carson City.