MALAYSIAN GAMBLING HEAVYWEIGHT ENTERS INTERNET
SECTOR
27 June 2008
Genting International to start online casino
operations tomorrow (Friday)
The Malaysian gambling group Genting International,
which owns Stanley Leisure and has been buying chunks of
Rank plc stock this year, is about to enter the online
gambling sector with a casino and poker venue branded
CircusCasino.com and Circus Poker.co.uk, commencing
operations tomorrow (Friday).
Already the subject of much speculation (see previous
InfoPowa reports) the Alderney-licensed operation will
be Genting's first foray into the world of Internet
gambling, reports Reuters. Industry sources told Reuters
that the $17 billion Malaysian firm is also keen to use
the new site as a testing ground for potential launches
in Asia, where a number of countries are in the process
of reviewing online gambling rules.
Before being bought by Genting in 2006, Stanley
struggled with a number of costly attempts to build its
own Internet betting site. This time the firm has opted
to buy the online poker and casino software from London
listed Playtech.
Genting will have solid cross-marketing opportunities to
promote the new operation through a database of members
that play in its land casinos.
Online Casino News courtesy of
InfoPowa
More news here.
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