Casino On Park Lane

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Park Lane Casino to Close Its Doors Following Licence Revocation Posted on November 6, 2020 Following a lengthy catalogue of warnings and fines from the UK Gambling Commission, time has finally run out for the Park Lane Casino in Mayfair.

The mystery over London’s Park Lane Club ownership has deepened. It has come to light that the owner’s identity has been protected by a rule that is usually used to protect those at risk of violence or intimidation. The obscurity over who the casino’s owner is, and why they have refused to reveal themselves has caused concern, as allegations of corruption have dogged the operator.

Park Lane Club is one of the most exclusive and luxurious casinos in the capital. ©Peter Spencer/Pexels

Corruption Allegations

Questions have been raised over the ownership of one of London’s most exclusive casinos, following the revocation of its license in early November. After the Gambling Commission, which regulates the UK’s gambling industry, conducted an investigation into the club’s operations, it judged that it was not satisfied that it would have granted the current owner of the casino an operating license.

Park Lane Club’s operating license was held by its parent company, Silverbond Enterprises. The regulator went into some detail about the case, citing concerns over the source of funds used to support the license, as well as a disinclination from the owner to provide important information. The extent of that lack of cooperation has come to light now, as it becomes clear that it is still not known who owns Park Lane Club.

It had been previously assumed by many that Park Lane Club was still under the control of Latvian businessman Vasilijis Melniks. Melniks was the director of Silverbond Enterprises for three years, before resigning on October 5th 2018. The businessman has in the past been accused of embezzling and laundering €54 million from Ukraine’s state-owned energy company, Naftogaz. Melniks has denied these allegations.

Melniks also served as Latvia’s finance minister, albeit for only four days. In 2018, his assets were taken by Ukrainian authorities, after he became the subject of a corruption probe. Eiroholdings Invest, which owned Silverbond Enterprises, was seized. It was at this point that the gambling regulator began its own investigation, which came to a head this year. Having associations with corruption, money laundering and embezzlement is cause enough for the Gambling Commission to review a company’s license, although what seemed like a clear-cut case has now become rather more complicated.

According to a report by the Evening Standard, a spokesperson for the casino told it that Melniks sold his stake in the casino back in 2018. That would corroborate with the millionaire’s timeline, as this is when his assets were originally frozen. The company was then sold, with Melniks no longer a shareholder or a director, according to the newspaper’s account.

Silverbond Enterprises is currently appealing the Gambling Commission’s decision to revoke its license. The casino is technically allowed to continue trading during this process, although it is closed due to the pandemic. The question on everyone’s lips is that if Melniks is not the club’s owner, then who is?

The identity of Park Lane Club’s will have to remain a mystery for the time being, as it has been protected under Section 790ZG of the UK’s Companies Act. This means that the director’s personal information is restricted from public disclosure, as the nature of the business could put them at risk. More usually, this piece of legislation would be used to protect those who may find themselves targeted by activists and protestors.

Section 790ZG could be used to protect someone working in the defense industry or in animal testing. As such, it is unusual for this section to be used by the owner of a casino. Whether the director of Park Lane Club is facing any real risk as described in the act is questionable. Furthermore, with allegations of money laundering and corruption hanging in the air, it seems that this section could be being used to conceal activity that would jeopardize the casino’s license, or that is illegal.

Casinos in Lockdown

Speaking to the Evening Standard, former casinos regulator Graham White described the situation as ludicrous. White questioned whether the Gambling Commission had done enough previously to check on Silverbond and why the owner of a casino would be allowed to do so anonymously. White elaborated:

“It seems incredible that the ownership of casinos in this country can be a secret. I find it quite staggering, frankly. And we need to know fuller details about why the licence was revoked. What due diligence did the Commission do on the past owner and what on the present owner?”

Park Lane Club is situated at 22 Park Lane in London’s Mayfair district. The area is a hotspot for many of the capital’s tourists, as well as the rich and famous. The club is decked out with crystal ceilings and offers visitors a high-class experience – at a price. Annual membership to the club costs around £1000 a year. The casino offers a range of classic table games, hosted by croupiers. There is even an outdoor gaming terrace, for those who want to take in the London vista while they play.

However, the casino is currently closed due to government restrictions. All casinos in England are currently closed, as the nation is still in its second lockdown. The lockdown is due to be lifted on December 2nd, at which point a new three tier system will come into place. Regions have already been told which tier they have been put into, with mixed reactions.

After much uncertainty, betting shops have received the news that they will be allowed to reopen in all three tiers. However, casinos have not been given such positive news. They will have to remain closed in tier three areas, despite effectively implementing COVID-safe measures so far this year. Announcing the details of England’s tier system, prime minister Boris Johnson also revealed tentative plans to allow sports fans back into stadiums.

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Casino: Park Lane
Website: www.parklaneecasino.com
Established: 2015
CustomerService: Live chat, e-mail.

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Highlights of Park Lane

  • Enormous welcome bonus worth £2,000 for all new players.
  • 15% welcome bonus boost for those using Neteller, Skrill, or Postepay as a payment method.
  • Plenty of quality games covering the entire spectrum from card and table games to slots.
  • 24/7 customer support every single day of the year.
  • Mobile ready with no download required – works on both tablets and phones.

Bonuses

Park

The welcome bonus of 200% up to £2,000 is without a doubt one of the biggest we have seen in a very long time. However, we like to take a closer look at the details before accepting any bonus, and that’s exactly what we’ll do in this section. We will also do the same for some of the other Park Lane Casino bonuses.

  • Welcome Bonus – A 200% welcome bonus worth up to £2,000 is available on your first deposit. A £20 minimum deposit is required and x33 wagering terms apply to both the deposit and bonus.
  • 15% Payment Method Bonus – We advise you to use Neteller, Skrill, Giropay, Sofort, Ukash, or Postepay to make your first deposit. If you do you’ll get an extra 15% in bonus cash. Whereas many casinos penalize players for using these deposit methods, this casino rewards you. X25 wagering terms apply to these deposits.
  • Ask For a Bonus – This casino allows you to simply contact the customer service team and ask for a bonus whenever you feel like it. There are no guarantees, of course, but we know from experience that the more you play, the more likely you are to receive what you ask for.

This is, quite simply put, one of the best welcome bonuses we have seen at any online casino in quite a while. The wagering terms are average and unlike many other big number bonuses, this one is paid out all at once rather than over multiple deposits.

We would like to see some daily and weekly promotions such as free spins and cashback bonuses. That said, we do like that loyal players can just ask and get what they want.

Game Selection

Casino On Park Lane

The best way to describe the range of games at Park Lane Casino is ‘a good mix of everything, for everyone’. You won’t find every variant of every game, but you will be hard pushed to find any major casino game not listed here.

As far as game quality goes the software is a mixed bag, but all the games are functional and seamless when playing. Betsoft and Playson titles sit alongside others from firms like Xplosive, Felix Games, and Fugaso. We had to do a little research on some of them but didn’t encounter anything to be concerned about.

Table & Card Games

A good range of card and table games are offered at this casino, including:

Baccarat Variants – There is only one classic version of baccarat available.
Blackjack Variants – Classic, surrender, switch, and neon blackjack variants are available.
Poker Variants – Casino hold ‘em, three card poker, and Caribbean stud are all available.
Roulette Variants – American, salon prive, zero spin, pro, and micro roulette are all offered.

This is a solid range of games which offers that little something for everything which makes a casino a potential long-term prospect.

Video Slots

We’re going to hazard a guess here and assume you like video slots. If so, you’ll be pretty happy with what’s on offer here, although you might not instantly recognize all of the games providers at first glance.

If you’re open to a few recommendations we suggest playing Blood Eternal, Fire & Steel, FaFa Twins, Slotfather II, The Angler, Barbary Coast, Birds, Three Wishes, A Night in Paris, Heist, Sugar Pop, Black Gold, Boomanji, Rock Star, Gladiator, Clover Tales, Art of the Heist, Gold Rush, Treasures of Tombs, Zombirthday, and Gold Miners.

There are also plenty of jackpot slots to choose from including Cosa Nostra, Carousel, Sunset Wild, Knockout, Robbie Jones, Yakuza, Grand Sumo, and Dark Harbour Jackpot.

Game Recommendation – Yakuza is a cool slot game from Fugaso themed on the Japanese mafia. It has 3D graphics including badass bosses, beautiful geisha ladies, and machine guns, among other things. The main feature is a free spins bonus round, but the most important element is the jackpot – it’s x22,000 your bet size. This one could make you instantly rich if you dare to go for it!

Video Poker

Jacks or Better, Joker Poker, Deuces Wild, Caravan Poker, Wild Sevens, and Alien Poker are all offered.

Live Games

The main three popular casino games are offered – baccarat, blackjack, and roulette.

We experienced no problems with interruptions or jumps and the dealers are friendly and happy to interact.

Support

You can get in touch with Park Lane customer service via:

E-Mail – There’s an e-mail contact form directly on the website. Just fill in the boxes and hit send and someone will get back to you within a few hours. If you e-mail in the wee hours be prepared to wait until morning for a reply.
Live Chat – There are live agents available 24/7, 365 days a year to give you a helping hand if you need it. This is the best way to reach out over urgent matters.

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Payment Options

There are plenty of ways to make deposits and withdrawals at Park Lane Casino, including:

  • Credit card
  • Debit card
  • Skrill
  • Neteller
  • Postepay
  • Giropay
  • Sofort
  • Ukash
  • Entropay
  • Yandex
  • Bitcoin

Neteller and Skrill will lead to the fastest payouts, but you can get the 15% deposit bonus boost for using any of the approved payment methods mentioned in the bonus section above and on the website. We suggest you take advantage of that opportunity for free casino cash.

Summary

Park Lane Casino is world-class, and we’re glad we came across it. It’s got a solid selection of games, works great on all devices, and is backed up by helpful, friendly customer support agents.

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Of course, there are a couple of things this casino could do better. We would like to see more daily/weekly promotions such as free spins offers and like every player in the world, we would like to see lower wagering terms on bonuses. The addition of a freephone helpline would also be a big plus in the future.

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Check Park Lane Casino out for sure. It’s well worth a closer look, at least.