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Online Bingo News Flash

November 27 2007

 

Online Bingo News Flash

A popular online Bingo proprietor, Rank, has recently sold 10% of their business to a Malaysian company that owns Stanley Casinos. Rank not only runs online bingo halls but land based as well and as of late they are running into troubled times, in part because there are bigger companies trying to take them over. They are running into problems because their land based establishments are doing well and even though their online bingo halls are doing great it doesn’t seem to be enough to make up the difference from the land based bingo halls. They are trying to sell a little bit of the company to help offset the bad times they are going through.

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