London—Dentons has advised Sonco Gaming Inc., the Canadian casino management and development group representing a consortium of international investors, on the acquisition of Maxims Casino Club in the Royal Borough of Kensington and Chelsea for £35 million. Maxims is one of only five designated high end casinos in the UK and was acquired from Genting, the Malaysian owned leisure and hospitality group.

Since 1995, Sonco Gaming Inc has been developing and managing casinos across Canada including the Grey Eagle Resort and Casino, the largest casino in Calgary with over 40 gaming tables and over 900 slot machines.

Dentons led on all aspects of the transaction, including M&A, equity and debt as well as a full due diligence exercise.

David Collins, partner and head of Dentons' UK Corporate practice who led on the matter, said, "We were delighted to act for Sonco on this transaction, utilising Dentons' multidisciplinary capabilities and global reach to provide Sonco with the complex advice they required to help them break into the UK market."

Anthony Novac, CEO of Sonco, said, "As this was Sonco's first acquisition in the UK, we relied heavily on our advisers in terms of the establishment of our UK operations, as well as on the funding and M&A aspects of the Maxims acquisition. We were admirably supported by Dentons in the UK in what was a complex and intensive transaction, and were really impressed with the whole Dentons team, whose commitment to the cause and responsiveness were critical to getting the deal over the line."

Alongside David Collins, Corporate partner Jayne Schnider and senior associate James Davison in London also advised, along with many more across Dentons' TMT, IP, Real Estate, Banking and Finance, Employment, Pensions, Environment and Regulatory teams.

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