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Harrah's Entertainment trying to grab a stake at Rank PLC again.
 December 25, 2007, 4:20 am (3 years ago)Even though it didn't went well last month to try and purchase a stake of 28% from the UK gambling group "Rank PLC" it seems like giants from United States Harrah's are trying to take another chance at getting this deal over.
Probably this may have something with the subsequent involvement of the Malaysian gaming group Genting and the British property firm "Richardson Capital", both of those groups mentioned have already secured a sure stake in "Rank PLC" totaling at around 18%.
The British Telegraph newspaper reports that Harrah's hired financial advisers to "explore strategic options in the European gambling market", and that includes bidding even for a UK land-based and an online casino + bingo group Rank.
Who knows, 32Red can be the next on the slaughter of Harrah's Giants.
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