About Reo Stakis
Sir Reo Stakis was a Cypriot hotel magnate, longtime head of Stakis Hotels. By the 1940s, Stakis was involved in his first restaurant, the Victory in Glasgow, whose affordable prices began to change the way Scottish people dined out. Stakis opened Scotland's first casino, the Chevalier, in 1964 and gradually added several other casinos to the Stakis group. Stakis was a generous benefactor to the Greek Orthodox church in Glasgow, buying both their first church in the city in 1953 and their Cathedral of St Luke the Evangelist in 1960. However, new management brought renewed profitability and Stakis was able to sell his empire to the Hilton Group for £1.2 billion in 1999.
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