Guoco beefs up Rank stake
Asia’s Guoco Group has boosted its stake in casino and bingo hall operator Rank Group to 12.67% from 12.02%, it emerged today.
Related Bingo News:
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- Guoco takes another piece of Rank plc
- 13-06-2008: Guoco raises stake in UKs Rank Group
- Guoco raises stake in Rank to 13.1 percent
- Malaysia’s Guoco raises Rank stake
- Rank talks to Malaysia’s Guoco about possible bid plans - report
- Malaysian group increases shareholding in Rank plc to over 18 percent
- Developer takes 9.3 pct stake in Rank-paper
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- Rank Group Says Genting Lifts Stake; Shares Advance
Casino gambling facts:
- The first airplane flight to Las Vegas was made in May, 1920, with Lieutenant Randall Henderson, editor of the Blythe, California Herald, and Jack Beckley.
- 1951: On September 4, Frank Sinatra makes his Vegas debut, performing in the Crystal Room at the Desert Inn.
1959: Wayne Newton performs in Vegas for the first time, despite the fact that he is still too young to enter a casino. - Horse racing is the best known and widespread parimutuel betting event. Horse racing is the only form of partimutuel wagering legal in California.
- Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.

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