>>Boris Johnson: This is a quite stunning venue isn’t it.
You’ve got every
conceivable attraction you could desire
in a James Bond style casino. I
salute you and I have no hesitation,
compunction, reservation in declaring this
refurbished, revitalised, restored,
open. Or even more open than it was
at nine o’clock this morning. Thank you.
I think it’s stunning. I think they’ve obviously
spent a bomb.
And it looks very good.
And I think it’s going to attract high-rollers in
tuxedos from around the planet
appropriately draped with lovely companions
hanging on their shoulders and
advice in their ears. And they’re going to unbelt, I
hope, significant quantities of foreign
currency into London.
Don’t forget that this
rejuvenation of the Hippodrome is just
part of what’s happening in this area.
Westminster Council’s been
helping to do a lot to
improve Leicester Square – (it has) been transformed.
Big investment is now coming in to hotels,
refurbishments in the area – the M&M store,
or whatever it was, opened the other day. A lot of
money coming into this
neighbourhood and I suppose the Hippodrome is
part of that constellation
In so far as this is going to bring
high-rollers willing to spend large sums on
the tables here at the Hippodrome,
drive (and) continue to cement the 450
jobs that this has brought to London,
It’s a good thing.
I think it’s very important to talk up
success stories like this. And
don’t forget this business will
not only bring four hundred and fifty jobs but
the tax they pay on the money they take
on the tables is fifty percent.
That’s a lot of money going into the
exchequer. This Hippodrome,
whatever people’s ethical feelings may be
this institution will
help to pay for schools and hospitals and roads.