Harrah's to pay US$530 million
Harrah's Entertainment Inc., the world's largest operator of casinos, said Thursday it would buy London Clubs International PLC in a deal worth some 278 million pounds, or US$530 million.London Clubs' board of directors gave its approval to the deal, which will see Harrah's pay 125 pence per share, and should be complete by the end of the fourth quarter, pending regulatory approval. online casino news