Genting to Buy Stake in Singapore Casino
Casino operator Genting International said it would buy partner Star Cruise’s 25 percent stake in a Singapore casino-resort for 225 million Singapore dollars , a move that may lead to a casino license for Genting.
Related Gambling News:
- Malaysia’s Genting, Stanley Ho in Macau casino tie-up
- Singapore says Genting to bid for second casino
- Genting wins bid for Singapore island casino
- Harrah’s, Genting in Singapore casino bid
- SE Asia Stocks-Singapore up as Genting soars on casino win
- Rank battle after Genting takes stake
- Star Cruises wins OK to sell Singapore casino stake
- Rank Group Says Genting Lifts Stake; Shares Advance
- Rank Shares Climb as Malaysia’s Genting Buys Stake
- Genting shares surge on Singapore casino deal
- Asia Stocks-Genting, Star Cruises leap on casino win
- Gambling giant Genting takes 9.4 pct stake in Rank
Do you know that:
- Although baccara has its origins in medieval Italy, it soon spread to France, where it was called "chemin de fer" (meaning railway, due to the action of the card box or shoe passing around the table on "tracks").
- In 1911, the state of California ruled that "draw" poker was a skill, and thus could not be banned under existing anti-gambling laws. However, "Stud" poker was still considered illegal at the time.
- A nationwide survey by the U.S. Travel Industry Association found that 38% of all U.S. residents have been to Las Vegas in their lifetime. The average length of visitors' stay in Las Vegas was almost 4 days (3.7).
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
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