Stakes increased at LCI - 2004-02-17
Stakebuilding in London Clubs International were ongoing yesterday when the Malaysian Genting family increased its holding in the casino operator to 15.2 per cent.
The Genting group, which already had a holding of over 11 per cent, is understood to be keen to take advantage of looming changes to gambling legislation that will be to the advantage of casino operators. Under the intended changes for next year, owners will have the right to integrate large numbers of lucrative slot machines.
Read the full story at ATE Online