Rank Group Plc maintains full confidence in realising its headline financial objective of achieving full-year operating profits. The LSE-listed gambling group has reported a robust Q3 2024/2025 trading performance (quarter ending 31 March), delivering growth across its land-based venues and digital channels. A snapshot of Q3 results saw Rank achieve net gaming revenues of £196m (+11%), with year-to-date income standing …
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Rank Group posts exceptional H1 as Grosvenor & Mecca are ready for venue reforms
Rank Group Plc cites strong trading across all business units as the LSE gambling group achieves a 50% increase in underlying net profits of £33m. Group results reflect a robust first half of 2024/2025 trading, registering underlying revenues of £402m, up 13% on like-for-like (LFL) comparatives of £356m. The Grosvenor unit performed “above expectations,” benefiting from focused investment, generating £215.3m …
Read More »Rank Group pays out dividend as business returns to profits
Rank Group Plc reaps the benefits of its business transformation programme, as all units contribute to corporate growth despite remaining pressures. Publishing its preliminary 2023/2024 results for the 12 months ending 30 June, the LSE gambling group has reported a 9% increase in net gaming revenues (NGR) to £734m (FY2022/23: £671m). Of significance, the year’s accounts detail that like-for-like underlying …
Read More »Inspired Entertainment signs five-year supply deal with Mecca Bingo
B2B gaming content provider Inspired Entertainment has signed a new partnership with UK-based bingo operator Mecca Bingo. Inspired will be adding 170 more gaming machines to the ones already operational at Mecca Bingo’s bingo halls across a five-year period – for a total of approximately $12.7m. The price includes not only the machines themselves but also their installation and a …
Read More »Rank takes on full customer compliance platfrom of DoTrust
Rank Group Plc has expanded its principal supplier partnership with the Department of Trust (DoTrust) to cover all compliance and customer risk assessment duties of the LSE-listed gambling group. As announced this morning, Rank Interactive unit will integrate “DoTrust Complete”, the “first dedicated platform offering end-to-end frictionless and enhanced financial risk checks to support all stages of the player journey.” …
Read More »Mecca Bingo to sponsor ITV’s Loose Women in 2024
Mecca Bingo has bolstered its UK brand coverage by becoming the lead sponsor of ITV’s Loose Women, beginning in January 2024. Broadcast on weekdays from 12:30 to 13:30, Loose Women is the principal daytime panel show of ITV, which attracts an estimated daily audience of 3 million viewers. On air since 1999, Loose Women serves as ITV’s longest-running talk show, …
Read More »ASA orders Mecca to remove Baga Chipz social post
Rank Group’s Mecca Bingo has been ordered to remove an Instagram post featuring a prominent drag star by the Advertising Standards Authority (ASA). The post featured celebrity drag queen Baga Chipz alongside a caption reading ‘a good game can transform you! Don’t you just love that post-bingo glow. Over 18s only. BeGambleAware.org. DrinkAware.co.uk. Ts&Cs apply. #letaplaymeccabingo #meccabingo #winning #bingo #winningfeeling …
Read More »Rank Group nets Q1 all unit growth against tough UK environment
Rank Group Plc continues to navigate a challenging UK business environment, but remains confident in achieving 2023/24 full year revenue and profit growth in line with expectations. Publishing its Q1 2023/24 trading update, the LSE gambling group recorded an 11% increase in like-for-like net gaming revenue (NGR) to £179m. A positive start to year trading saw Rank record NGR growth …
Read More »Rank books £109m statutory loss in cold 2022/2023
Rank Group Plc has achieved its 2022/2023 corporate targets, overcoming the challenges of a financial year featuring peak energy costs, wage inflation and regulatory changes impacting its business. Publishing its preliminary 2022/2023 results (12 months ending 30 June), Rank Group declared an underlying operating profit for full-year trading of £20.3m. The bottom-line result is lower than the prior 2021/2022 financial …
Read More »Rank appoints Andrew Peat as new Interactive MD
Rank Group Plc has confirmed the forthcoming appointment of Andrew Peat as the new Managing Director of its Interactive business. Peat, who is expected to assume the leadership role later this year, will join Rank’s executive management team from William Hill, where he most recently served as Sportsbook Director from 2018 to 2023. Before joining the betting and gaming industry, …
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