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Wednesday, 1 February 2012

Rank to buy Gala

Rank lays stake on deal with Gala Coral as it looks to become top casino operator in the UK
Rank is pursuing talks with Gala Coral over a deal that could create the biggest casino business in the country.Rank’s Grosvenor division already has 35 casinos but it hopes to expand by buying the 24 outlets owned by debt-laden rival Gala Coral.This would see it overtake Malaysia’s Genting, currently the UK’s biggest casino operator with 45 sites.

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