Which club proprietor in their right mind would decide to increase the annual membership fee of a premium central London establishment by 50 times in one rise?
As chief executive of Les Ambassadeurs, the deluxe casino in the heart of Mayfair, Chris Black wanted to clear out the old membership in one go.
The club’s old guard consisted of ageing Europeans and players of Middle East origin. “Les A” – as the casino industry knows it – looked exceptionally busy. But too many members simply hovered around tables for hours without staking much, while high-stakes players could not get on to the tables.
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