Monday, December 3, 2007

Rank-Genting

Rank went the right way though following confirmation this morning that Genting, the Malaysian owner of Stanley Casinos, has upped its stake in the embattled gaming operator to 9.38%. The news comes amid speculation that Rank is being circled by predators including Harrah’s Entertainment, the American owner of London Clubs International (LCI), Guoco Group, the Singapore company behind Thistle Hotels, and Ladbrokes, the bookmaker.

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