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World's Largest Casino Firm Eyes Up UK Takeover

"Harrah's Entertainment, worth around £6 billion, is reportedly studying a proposal to buy Stanley Leisure and London Clubs International - two companies involved in their own ongoing £634 million merger talks.

"...According to sources in the gaming community, the Sunday Times said the American group had put together a detailed appraisal of both companies. It is not known whether chief executive Gary Loveman will wait until the completion of the Stanley and LCI merger before making his move.

"However, it is thought that his company is keen to expand its international operations because of concerns about soaring construction costs in Las Vegas..."

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