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Tycoon Puts Shine on U.K. Gaming, Greyhound Racing Group Wembley.

Daily Mail, London Knight Ridder/Tribune Business News

Mar. 31--Gaming and greyhound racing group Wembley raced 15 pence ahead to 855 pence as a consortium backed by South African gambling tycoon Sol Kerzner pitched in with a UKpound 287 million offer at 800 pence a share.

Kerzner's BLB Investors trumped a previous 750 pence offer from Las Vegas group MGM Mirage.

MGM said it was considering its options, including a higher offer. This vague statement drew it a rap on the knuckles from the Takeover Panel.

Wembley said it will talk to

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