Malaysian firm buys casino group
Malaysian gambling firm Genting International today struck a multi-million takeover deal with UK casino operator Stanley Leisure. Genting agreed to pay 860p a share for Stanley Leisure and its 45 casinos, which values the company at £639m (940m).
Related Gambling News:
- Thursday December 06, 2007 - 15:14 EST
- Las Vegas giants, Malaysian firm duel for Singapore casino
- Malaysian Firm Wins Casino Bet
- Gambling giant Genting takes 9.4 pct stake in Rank
- Malaysian group increases shareholding in Rank plc to over 18 percent
- Malaysian high roller resigns
- Malaysian company takeover closes in on offer level of 30 percent
- Rank worth punt after stake move
- Malaysian gambling heavyweights enters internet sector
- Malaysia’s Genting to buy UK’s Stanley Leisure
- Alderney license for Malaysian online gambling
- has Malaysian mogul reversed out of online gambling?
Gambling casinos info:
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
- In 1891, Sittman and Pitt of Brooklyn began to manufacture the first nationally known poker card machines. The machines maintained their enormous popularity until just before World War I.
- 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel. - The name of the game "Poker" likely descended from the French poque, which descended from the German pochen ("to knock"), but it is not clear whether the games named by those terms were the real origins of poker.
RSS feed
