The Ritz Casino to shut down Released by: Casino8 Web Site: http://www.casino8.co.uk/ The Ritz Casino to shut down its online gambling site Keywords: ritz casino, casinos, uk, online, casino8, close, shut, down, closes Update Date: 10/1/2006 6:17:40 AM Hits: 171 Descrption:  The gambling arm of London’s most famous hotel, has announced that it to shut down its online gambling site following the recent spate of arrests in Europe and the US. This was confirmed by a spokeswoman from the London beased firm, that the casino site had been taken off-line on Friday and all links from the Ritz club’s main website had also been removed. The spokeswoman also said that, "In light of the current confusion and inconsistency in online gaming legislation worldwide, the owners of The Ritz Club London Online have, regretfully, decided to close the site to new customers with immediate effect". This is a growing trend that has hit UK gaming stocks hard and with combined losses at a £2.4 billion in value since the end of June as the industry.