Inquiry may order Rank to sell casinos

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GAMING operator Rank has been warned it may have to sell several UK casinos before a merger deal with rival Gala can go ahead.

The Competition Commission said Rank’s deal to acquire 23 casinos could reduce competition in Aberdeen, Liverpool, Stockton-on-Tees, Bristol and Cardiff, as well as in Edinburgh where it has the licence to develop a new casino.

The planned acquisition of the 23 sites by the Mecca Bingo owner would see it leapfrog Malaysian firm Genting as the UK’s biggest player, giving Rank’s Grosvenor casino division 57 sites.

 

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