August 31, 2006

British Invasion! -- Harrah's to Operate in London

Looks like Harrah's has its eye's set across the pond.
Here's the stoy from Gambling Planet:

London Clubs said on Thursday it had agreed to a takeover offer from the world's biggest casino operator Harrah's Entertainment worth 279 million GBP ($530million).

The 125 pence-a-share recommended offer represents a premium of around 27 percent to London Clubs' closing share price on Wednesday, the two companies said.

Harrah's said London Clubs provided an ideal launch pad for expansion in Britain, where a new wave of licences for Las Vegas-style casinos are due to be approved, and in Europe, in particular Spain.

Read More in:

Share this Article with others: Bookmark and Share

Related Articles:

    Came straight to this page? Visit Casino Snob for all the latest news.

    Posted by Russell Miner at August 31, 2006 8:54 AM
    Comments
    Post a comment









    Remember personal info?




    Please enter the letter "j" in the field below:
    Please press Post only once. Submission of comments takes up to 20 seconds because of Spam Filtering.
    Email This Entry: British Invasion! -- Harrah's to Operate in London
    Email this entry to:


    Your email address:


    Message (optional):


    Join the Mailing ListNewsletter
    Enter your Email


    Powered by FeedBlitz
    Subscribe - RSS

    Site Navigation

    Visit our other properties at Blogpire.com!

    Archives
    Blogpire Sites
    FoodPire
    HomePire
    TechPire
    EcoPire
    StylePire
    GamePire

    Please visit Blogpire Productions for all advertising and other info.

    Green-Tag-Logo_type-grn.gif


    This weblog is licensed under a Creative Commons License.

    All items Copyright © 1999-2009 Blogpire Productions. Please read our Disclaimer and Privacy Policy