Hong Kong-listed property developer Landing International hopes to expand and diversify its gambling operations to other markets and its first stop: the UK.

Landing International Development Ltd. has won a bid to acquire UK casino operator Les Ambassadeurs Club Ltd. for £137 million ($207.4 million).

The acquisition, which will be funded by internal resources and debt financing, is Landing’s business breakthrough beyond Asia, says its chairman Yang Zhihui.

Les Ambassadeurs Casino Resorts operates 45 gaming tables offering a variety of games, such as roulette, baccarat, blackjack and three-card poker. According to Twinwood, Les Ambassadeurs’s parent company,  the casino resort had a market share of approximately 36% of the high-end gaming market in terms of casino drop and approximately 27% in terms of attendance.