The 27 applications to host Britain's first Las Vegas-style super-casino have been whittled down to a short-list of eight.
The winners and losers have been giving their reactions to the news:
COVENTRY CITY COUNCIL LEADER KEN TAYLOR
This news comes as a major shock and disappointment to those involved in the Coventry project.
We will be seeking early and comprehensive clarification from the Advisory Panel on the detailed reasons behind their decision, particularly given recent job losses in our area.
On behalf of the people of Coventry, as well as the raft of local businesses, community groups and other stakeholders that have supported our proposals, we will explore every avenue open to us in pressing the case for what we believe to be the natural choice for a regional casino.
WELSH SECRETARY PETER HAIN
This news could potentially bring huge benefits to Wales, providing economic regeneration and bringing in hundreds of new jobs.
There was stiff competition from towns and cities the length and breadth of the country and the fact that proposals for Cardiff and Swansea have been successful is testament to the strength of their bids.
CARDIFF CENTRAL MP JENNY WILLOTT
Winning the super casino would bring millions into Cardiff's economy, increase tourism, and, most importantly, create several thousand jobs in the city.
Casinos have costs as well as benefits, and it is very important that we have sufficient safeguards in place to protect vulnerable gamblers.
But if managed well, this casino could play a significant part in Cardiff's regeneration.
NEWCASTLE CITY COUNCIL LEADER JOHN SHIPLEY
Our driving ambition is the creation of a regional convention centre - the
only way to realise this is through the casino route.
Newcastle-Gateshead has turned down 40 major events with potentially 40,000 delegates because the region did not have a suitable conference venue - that's a loss of £20m over the last three years.
A regional convention centre would pull millions of pounds into the local economy every year which would have significant spin-off benefits for hotels, restaurants and cultural attractions.
ANDREW DIXON, CHIEF EXECUTIVE OF NEWCASTLE-GATESHEAD INITIATIVE
This is really positive news for tourism in Newcastle-Gateshead. We would hope to achieve a dedicated conference centre as a
result of any casino development.
A super-casino and conference centre would also provide a further boost to hotel development and open up new markets for leisure tourism.
MAGGIE PAVLOU, PRESIDENT OF THE NORTH EAST CHAMBER OF COMMERCE
Super-casinos will undoubtedly court controversy from the anti-gambling lobby but we have to face facts - it would be a massive economic boost for the regional economy, it would be a major job creator and another feather in the cap of our tourism attraction.
GLASGOW CITY COUNCIL LEADER STEVEN PURCELL
I'm delighted that Glasgow remains a strong contender, with a compelling case for bringing the casino to the city.
Glasgow is one of Europe's most exciting locations and is a great place to visit, live, work and do business.
A regional casino is much more than just a new leisure investment opportunity for Glasgow, it is a regeneration project which, I believe, will benefit not only this city but all of Scotland.
BIRMINGHAM CITY COUNCIL LEADER MIKE WHITBY
We are obviously bitterly disappointed by this news.
We feel that the Midlands as a whole has been abandoned. This decision has rejected a bid which had clear benefits to the region, touching many millions of people.
An NEC casino would have massively benefited the region and been an asset to the nation.
We realise there was always going to be disappointment amongst those who were not chosen. However, we are concerned that there is a strong London and northern bias to this list.
SOLIHULL COUNCIL LEADER TED RICHARDS
I cannot believe this
decision, our proposal was such a strong one.
How can the Casino Advisory Panel overlook the potential of this borough in this way?
Excellent location, superb road, rail and air links and a potential site that surely cannot be matched anywhere. This defies belief.
JERRY BLACKETT, POLICY DIRECTOR OF BIRMINGHAM CHAMBER OF COMMERCE
The region's business community were united in their belief that the NEC casino was a massive economic prize that fulfilled all the government's criteria.
We are dismayed at the consequences for employment that this decision will bring. What else could have made our bid more compelling? To us, the social and regeneration benefits were immense, with a large income stream back to the people of Birmingham.
MANCHESTER CITY COUNCIL LEADER RICHARD LEESE
We have long argued that Manchester in general, and Sportcity in particular, has proved to be a robust location for a regional casino.
We are delighted that the independent panel has endorsed this assessment and we will continue to work hard to develop our proposals to ensure we put the best
possible case forward to secure the pilot.