The UK-based casino group London Clubs International has reportedly been put up for sale.

The company, which is owned by Caesars Entertainment, has engaged the services of Goldman Sachs and PricewaterhouseCoopers to manage the process, The Times reports.

According to the newspaper, the group is said to be worth £160m and several other casino companies are interested in a possible acquisition.

LCI operates 10 casinos in the UK, two in Egypt and another property in South Africa.