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PartyT
Administrator
    
USA
20689 Posts |
Posted - 05/19/2012 : 04:33:11 AM
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Rank Group, the owner of Mecca Bingo, has bought 23 casinos from Gala Coral.
The deal will make Rank the biggest operator of casinos in the UK, as it already owns Grosvenor Casinos which operates 35 clubs.
As well as the existing casinos, Rank is also buying licences to operate three more. Rank is controlled by Malaysia's Guoco Group.
Gala Coral will keep casinos in Dundee, Gibraltar and the licence for a club in central London.
Rank attempted to buy the casinos earlier this year, but talks broke down at the end of March. http://www.bbc.co.uk/news/business-18049804 |
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