gala

The Rebrand of Gala Well on its Way

The Rebrand of Gala Well on its Way

The Rebrand of Gala It has been several months since the completion of the sale of 19 Casinos from Gala to Rank has taken place. Slowly but surely they are all being rebranded to the Grosvenor style of Casino.Now that Grosvenor have got the lion’s share of the London Casinos will their profits soar even more. Will all the Grosvenor Casinos in London now look the same, the same as any big bra... »

Rank Finally Acquires New Casinos

Rank Finally Acquires New Casinos

Rank Finally The deal has now been done, today Rank has officially  announced  that they had acquired the 19 Gala casino on Sunday the 12th of May 2013. After a long drawn out process involving the Competition Commission Rank (Grosvenor) are now the largest casino operators in the UK overtaking Genting who have 44 operating casinos in the UK. Ian Burke, chairman and chief executive of The Rank Gro... »

Gameplan Rank’s approach to Regulatory and Fiscal Reform

Gameplan Rank’s approach to Regulatory and Fiscal Reform

Gameplan Rank’s In April 2013 Rank published a exposition outlining there approach to fiscal and regulatory reform. So what is it exactly they want from the reforms, is it for the benefit of the customers or the shareholders. Rank is of course a major employer having over 8000 staff members serving over 120 communities which in turn has a large financial effect, firstly in the local areaR... »

Nearly there for the Rank / Gala deal

Nearly there for the Rank / Gala deal

Rank will get to acquire the 19 Gala Casino’s  once they can dispose of some existing licenses, namely Bristol, Cardiff, Stockton-on-Tees, Aberdeen and Edinburgh. If the merger proceeds it will see Rank, which is majority owned by Malaysia’s Guoco group and Rival Malaysian owned Genting as the only major operators in the UK. The commission has published its final report and it is now u... »

Gala Casinos A History

Gala Casinos A History

Gala Casino History Now that the sale of Gala Casinos is on the cards I asked some one who worked at both  Stakis Casinos and Gala Casinos to put together a brief story of how they became Gala Casinos Group, as soon this may be the end of Gala as we know it today Sir Reo Stakis (born Argyros Anastasis) (13 March 1913 – 28 August 2001) was a Scottish-Cypriot hotel magnate, Stakis 1964 Stakis ... »

Gala Deal of with Grosvenor

Rank Gala Deal Done

Rank Gala Deal Done:It has finally happened ! There is a few fine details to overcome Rank is to pay Gala Coral £205 million making it the biggest operator with 58 Casinos. The deal was confirmed in statement today (Sat 12.05.12). The initial payment will be £182 million and the rest will be held in escrow. The previous stumbling blocks have now all been addressed. The deal does not include the Ga... »

Gala Deal of with Grosvenor

Rank Not to Buy Gala The Deal is Off

Bingo and casino operator Rank has pulled out of talks to buy the casino operations of Gala Coral, a £250m deal that would have transformed the business into the UK’s biggest casino operator. But following two months of discussions, Rank has terminated the discussions after failing to agree a price that would have been acceptable to its shareholders. Adding the 24 casinos owned by debt-laden... »

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