The governance of Rank Group Plc has this morning disclosed the pending appointment of William ‘Bill’ Floydd as new Chief Financial Officer (CFO). Joining the company on 12 November, Floydd is set to replace Clive Jennings as group Financial lead. Floydd joins Rank’s executive team from FTSE100 financial information/data provider Experian Plc, where he served as CFO for the UK …
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Ahead of its Annual General Meeting (AGM), London-listed Rank Group Plc has released a trading statement, updating investors on corporate performance for the 16-week period to 14 October 2018. Rank governance details that group like-for-like revenues have declined by 5%, with the company impacted by a slowdown of its venue properties – Grosvenor Casino and Mecca Bingo domains. ‘Grosvenor Casinos’ …
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In its interim update, the governance of London-listed Rank Group Plc has revealed that its Luda Bingo project has failed to live up to management expectations. Updating investors, Rank governance details that the three Luda venues launched in Walsall, Weston-super-Mare and Leeds, failed to gain traction with bingo consumers. Launched in July 2017, the Luda venues aimed to attract younger …
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The governance of London-listed The Rank Group Plc is turning its attention towards a recovery plan, following a “challenging year for the group,” primarily impacted by the poor performance of its Grosvenor Casino venues, which saw full-year pre-tax profits slip 41.4 per cent to £46.7m (2017: £79.7m). Grosvenor properties recorded a 6.1 per cent revenue decline for the year ending June 30 to £373m …
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Rank Group Plc has today confirmed that it has moved to acquire Spanish online bingo operator YoBingo.es for an ‘initial consideration’ of €21 million cash. The acquisition sees Rank ‘deepen its commitment’ to the Spanish online gambling market, in which it currently operates its EnRacha online casino and games brand. Operated by QSB Gaming, YoBingo maintains a ‘top two presence’ …
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The governance of FTSE 250 gambling firm Rank Group Plc has this morning confirmed the appointment of John O’Reilly as Chief Executive Officer, replacing outbound Henry Birch as its corporate leader. A 25-year industry leadership veteran, John O’Reilly joins Rank from William Hill Plc, where he served as Non-Executive Director (2017-2018). Furthermore, O’Reilly previously led and grew Ladbrokes’ digital operations …
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Betting on Football 2017 has been hailed as a great success with 97.4% of visitors to the conference saying they would recommend it to a colleague, according to a survey carried out by SBC Events. Delegates, sponsors, speakers and exhibitors from the 3-5 May event also rated the networking opportunities at Stamford Bridge as 70% ‘excellent’ or ‘very good’ while …
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John O’Reilly Non-Executive Director at William Hill told the Betting on Football conference audience that he is excited that betting is entering a new stage, following landscape changes to the industry and its key stakeholders. O’Reilly, a + 25-year industry veteran, has seen significant industry shifts in betting driven by new technology, changing consumer habits and regulatory change. With regards to …
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Fortuna Entertainment Group CEO Per Widerstrom, GVC Holdings COO Shay Segev and Ladbrokes Ambassador Chris Kamara are just three of the key names presented by SBC Events for the most extensive senior speaker line-up ever seen at a sports betting industry event. 140 industry leading speakers will be addressing the 800+ delegates attending next week’s Betting on Football 2017 at …
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The trading operation of a betting company is the heartbeat of the operation – at least for now. Marketing has long been eating into its functions, although the emergence of the live betting phenomenon means that the pendulum has swung back the way of trading teams. But for how long? Betting on Football 2017 (3-5 May) will deliver a comprehensive …
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