Rank spins wheel to become top casino operator

Monday 14 May 2012 09:55 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Rank has confirmed its status as Britain's largest casino operator with the £205m acquisition of the casino arm of rival firm Gala Coral.

The company, which owns Grosvenor casinos, will rebrand several of its 23 new venues under the more modern G Casino format. Privately-owned Gala Coral, which still owns bingo halls and a chain of bookmakers, is expected to carry on breaking itself up after this deal has completed.

Rank has an illustrious history that has seen it own assets including the Pinewood film studios and the Odeon cinema chain, but under chief executive Ian Burke it has recently concentrated on gaming. It owns the Mecca bingo clubs and is controlled by the Malaysian Guoco Group.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in