Quintain Estates and Development executives say the proposed casino, which forms the second stage of its redevelopment scheme, was still subject to planning permission and reform of the UK gambling laws. If the gambling bill is introduced into Parliament within the current session, legislative changes could occur as early as spring next year, Quintain spokespeople state. At that point, the developers would submit the planning application.

The first phase of Quintain's development is for a euro 1.9-billion ($2.3-billion) regeneration scheme on 42 acres, including the site of Wembley Arena and Wembley Conference and Exhibition Centre. Plans include 3,700 homes and a range of new leisure and retail facilities.

Barr says that the proposed resort at Wembley would prove a natural draw for tourists. "Wembley promises to become one of Europe's top new leisure destinations," he says. "With that in mind, Wembley is a natural location for our first European casino project."

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