Rank Sells 10% of Their Business

Rank, who is a gaming operator that runs both land based and online bingo operations has sold a 10% state of their business to a Malaysian company that owns Stanley Casinos. News of this deals comes through the London Times and increasing speculation that Rank has become a target for predator takeovers from bigger companies.

Rank is now among a number of companies facing troubles with particular emphasis on their land based bingo halls that aren’t doing so well at present. The great profits from online don’t seem to be enough to make up for what the land based halls are losing.