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Tag Archives: Blankenberge Casino-Kursaal

Belgium – Kindred moves into land-based casinos as Rank exits Belgium

Kindred has signed an agreement to acquire Blankenberge Casino-Kursaal (Blancas) NV, which operates Casino Blankeberge in Belgium, from The Rank Group at a valuation of £25m on a cash free and debt free basis. The Rank Group chief executive John O’Reilly said the sale secures the next chapter for a great venue in Belgium: “As…