Tag Archives: Enracha

Rank softens year earnings as UK venues catch a cold 

Rank Group Plc has downgraded its 2021/2022 full-year EBIT profit guidance from £55m-to-£65m to the lower range of £47-to-£55m – having considered  Q3 trends that detail a ‘softness in venue trading’ and ‘continued inflationary costs’.     The LSE gambling group has notified investors that it continues to monitor post-pandemic elements that are impacting the full recovery and day-to-day trading of its …

Read More »

Rank returns to H1 profits buoyed by all unit recovery

Rank Group Plc welcomes a return to profitable trading, driven by the strong recovery of its Grosvenor, Mecca and Enracha (Spain) venues remerging their businesses from COVID-19 constraints.  Publishing its interim H1 2021/22 results (period ending 31 December), Rank registers a group underlying NGR of £334 million, up 90% corresponding to H12020/21 results of £175 million. Period growth was maintained, …

Read More »

Rank Group identifies return to form for digital business in Q1 trading update

Rank Group has reported that its trading is ‘in line with expectations’, highlighting a return to growth for its digital business whilst its retail division has experienced significant expansion.  Publishing its trading results for the period ending 30 September 2021, Rank revealed a 5% year-on-year increase in net gaming revenue growth for its digital business whilst its retail division saw …

Read More »

Bede moves to bolster Spanish market profile

Spiffbet

Gaming software supplier and platform provider, Bede Gaming, is building on its established European presence with a concerted expansion into the Spanish market. The expansion strategy follows a number of content integrations with providers such as Play’n Go and SBTech which has further strengthened the supplier’s market presence. The Bede platform, which has received a full licence from regulatory authority …

Read More »

Rank Group unleashes new digital platform

The Rank Group is pleased to announce that it has successfully launched its new digital platform supplied by Bede Gaming.  The new platform is now operating across both Mecca and Grosvenor digital sites and mobile apps, with Rank’s Spanish brand, Enracha, due to launch later in the calendar year.  Commenting on the platform launch, Henry Birch CEO of the Rank …

Read More »