Posts Tagged ‘Online Bingo Operator’

Genting launches online gambling operations

Monday, June 30th, 2008

Malaysian company Genting International, a company recently linked with takeover speculation of major land and online bingo operator the Rank Group has directly entered the online gaming sector with the launch of its Playtech powered CircusCasino and Circus Poker.
The company plans to use its new operations as a testing ground for potential future launches into the Asian market.  Genting is expected to promote its new online operations via its existing interests in land casinos.

The new gaming sites do not offer comprehensive bingo online games options and this thought by online bingo games industry observers to reflect the small exposure bingo online has in the Asian markets.

Industry speculation of Rank takeover

Thursday, June 26th, 2008

Media reports say UK gambling company Rank Group may be the subject of renewed takeover attempts with the news that Malaysian investment compnay Guoco Pty Ltd. has increased its stake from 13.09% to 14.15%.

The UK land and online bingo operator has often been subject to rumour of a possible takeover since announcing a profit warning last September.

In a previous development, Genting Berhad, also of Malaysia had to deny speculation it was planning a $959 million bid for Rank.

The Rank Group has suffered a poor run of form recently in its land bingo operations due largely to the implementation of a nation-wide smoking ban. The company is best known in the free online bingo industry for it’s Mecca Bingo brand which operates a popular online bingo hall under the same name.

Online Bingo Summit to host awards event

Friday, June 6th, 2008

The Bullet Business Online Bingo Summit is nearly upon us and online bingo favourites Gala Bingo, Foxy Bingo and Ladbrokes Bingo are amongst the online bingo halls up for awards including Online Bingo Operator of the Year.
The awards segment of the summit acts as a meeting place for some of the top online bingo operators in the UK. The awards and summit are scheduled to be held from June 17 and 18 at the Royal Garden Hotel in London.