In a statement released on Friday, the Malaysian conglomerate indicated to have upped its stake in the UK gaming group for the second time in one week.
Genting increased its stake to 20.26%, or 26.2m shares, after the purchase of 1m shares.
In separate news on late Friday\’s afternoon, 15.8m shares in London Clubs International went through the system in a block trade, sparking talk that the buyer was Genting, which already holds a 22 per cent stake in the casino group, and
prompting fresh speculation that the firm increased its stake with a view to merge the business with Stanley Leisure.
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