Tag Archives: Grosvenor Casinos

SNP warned of inbound job losses over tier-2 casino closures

Scottish First Minister Nicola Sturgeon has been warned by UK casino leaders that “hundreds of Scottish jobs’” have been placed at risk following the SNP’s enforcement that casino venues should be temporarily shut. New Scottish Government COVID-19 emergency measures enforced that any region placed under ‘Level 2’ requires local casinos to close entirely. Bosses have called on the Scottish First …

Read More »

Rank MD hits back at ‘senseless’ casino closures

The closure of casinos across Greater Manchester and South Yorkshire has been branded as a ‘senseless’ move by Jonathon Swaine, managing director of Rank Group, after the regions entered England’s new tier three restrictions. The new measures will mean that a number of Rank’s Grosvenor Casinos and Mecca Bingo venues will be forced to close their doors, having only recently …

Read More »

John O’Reilly – Erratic orders have placed UK casinos on life support

John O’Reilly, Chief Executive of Rank Group Plc, has stated that the government has not followed its own public health orders and further scientific measures by choosing to keep UK casinos venues under lockdown. Dominating industry headlines, last Friday PM Boris Johnson repealed the government’s decision to allow English casino venues to reopen on Saturday 1 August. PM Johnson told …

Read More »

Rank to begin phased reopening of Mecca venues on 4 July 

Rank Group has announced that it will begin the ‘phased reopening’ of its Mecca Bingo venues operating across England from 4 July.  In accordance with the government’s public safety measures, 36 Mecca venues will reopen on 4 July across England, as Rank re-establishes its retail footprint having been forced to close all gambling venues from mid-March as the UK entered …

Read More »

Henry Birch hands notice as Rank leader

Issuing a short corporate statement, FTSE-listed gambling operator Rank Group Plc has confirmed the departure of Henry Birch as Group Chief Executive. Updating the market, Rank governance informs that Birch has handed-in his 12-month notice, and will be joining UK highstreet retailing group Shop Direct as new Chief Executive. Rank governance has begun the executive search for Birch’s replacement and …

Read More »

Tough ‘venues’ condition sees Rank Group up digital presence

Ahead of its Annual General Meeting, London-listed gambling operator Rank Group Plc has issued a 16-week trading update (period ending 15 October). The gambling operator has stuck by its full-year guidance, despite facing tough ‘venue conditions’ in 2017. In its latest trading update, Rank would sustain a like-for-like group revenue increase of 2%. The company detailed that growth was primarily …

Read More »

Grosvenor Casinos launches new sportsbook with Kambi

Rank Group subsidiary Grosvenor Casinos has confirmed the launch of a new sports betting offering for its online and land-based players. Powered by Kambi following a deal made in January, ‘Grosvenor Sport’ enables punters in Grosvenor land-based sites or online to access various sports betting services and a range of special offers. The product underwent a soft launch this summer, …

Read More »

Rank Group reports flat revenues as governance reaffirms full-year expectations

Issuing an ‘Interim Management Statement’, FTSE-listed UK gambling operator Rank Group Plc (Rank) has reported that it expects to post ‘flat revenues’ revenues for its trading update for the 15-week period to 9 October. Ahead of its Annual General Meeting, Rank the operator of Grosvenor Casinos and Mecca Bingo halls reiterates its full-year target expectations. Publishing a brief trading update, …

Read More »

Grosvenor Casinos launches sports betting product with Kambi

Stockholm Nasdaq-listed sports betting platform provider Kambi continues to grow its ‘tier 1’ industry client portfolio by announcing that it has launched its betting services for Rank Group online subsidiary Grosvenor Casinos (Grosvenorcasinos.com) Chosen as sports betting software provisions partner by Rank Group in January, Kambi has delivered a full range of markets to Grosvenorcasinos.com in time for a packed …

Read More »

Rank Group losses £30 million VAT appeal

The UK Supreme Court has overruled a VAT appeal lodged by Rank Group Plc with regards to a £31 million dispute on taxation of its gambling machines between 2002 and 2005. The appeal was brought up by Rank Group on 21 April 2015, with regards to the operatpors claims that it had overpaid VAT on Grosvenor Casino and Mecca Bingo …

Read More »