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Guo Xin seeks control of ship gaming operator

Aiming to raise group revenues by more than 50%, Guo Xin Group said it will take a 60% stake in gaming company Gainnew Group, which manages gambling and settlement operations for a casino on the liner Omar III. Guo Xin said it would pay HK$96m (US$12.3m), HK$50m of that in cash, the balance in convertible notes.

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