FTSE-listed gambling operator Rank Group Plc (Rank) has announced two leadership appointments for its core assets, Grosvenor Casino and Mecca Bingo. Updating the market, Rank governance announced that Martin Pugh has been appointed Managing Director of its Grosvenor Casino division, having served as leader of Mecca Bingo (2014-2016). Pugh replaces Mark Jones as Grosvenor leader, who departed the company last …
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Grosvenor digital performance boosted by new platform
Rank’s online Grosvenor casino business has seen revenue boosted by 35% so far this year, but its online Mecca bingo brand has seen a dip during the same period. The firm launched its new digital platform, supplied by Bede Gaming, earlier on this year and its introduction has caused some short-term friction for the bingo brand, which saw revenues drop 5% as …
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 »Rank Group confident of targets as Grosvenor & Mecca see revenues rise
Rank Group governance remains fully confident of hitting its 2015 full year expectations, having recorded key metric growth on all its core business channels for the 15-week period to 11 October 2015 Updating investors and markets via an interim management statement, Rank informed that its group revenues had gained an 8% increase in a like for like basis. For its …
Read More »71% increase in digital revenues for Grosvenor Casinos
The Rank Group has announced a 3% increase in like-for-like revenues for the 15 week period to 12 October 2014 driven by the performance of the Grosvenor Casinos brand. Henry Birch, chief executive of The Rank Group Plc, commented: “The Group has had a good start to the financial year and I am pleased with the improvements seen in our …
Read More »Point of consumption tax will hit Rank’s performance
Rank Group, owner of the Grosvenor casino and Mecca bingo brands, has announced a 13% increase in ‘continuing business revenues’ for the 12 months to 30 June 2014, with retail growth considerably outstripping its digital performance. Revenues increased 15% for its venues, while the digital channel achieved 2% growth. The fastest growing channel of distribution continues to be mobile where …
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