A 28-year-old homosexual man with a personality disorder has admitted murdering a casino director in a frenzied knife attack just hours after meeting him in a pub.

Dean Wood, from Langley Moor, Durham, yesterday pleaded guilty to the murder of 62-year-old Barry DeLacy, from Tipton, at Mr DeLacy's flat in York Place, Leeds, on February 3.

Wood, who has a history of alcohol dependence, stabbed father-of-two Mr DeLacy, a casino director with A&S Leisure, 28 times in a frenzied and violent attack in his flat after meeting him earlier in a pub.

Richard Mansell, prosecuting, said Wood approached Mr DeLacy shortly after 9pm in The Bridge public house in Leeds, where Mr DeLacy asked him if he had ever had sex for money. The two men left the pub shortly after 10pm and took a taxi to Mr DeLacy's flat in York Place.

Mr DeLacy, who managed casinos in Leeds, Bradford and Hull, removed "a large amount of money", around £300, from his pockets which he said was for Wood to keep, whether he slept with him or not.

Mr Mansell said: "At this point he left the deceased on the pretence that he was going to take a shower. He went inside to the kitchen where he removed a chef's knife."

When he returned Mr DeLacy was either near or on the bed, the court heard.

"There, the defendant launched a violent and determined attack with the knife," Mr Mansell said.

Judge James Stewart QC adjourned the case until today, when Wood will be sentenced.