Publishing its latest industry opinion, strategic consultancy Regulus Partners details that sector leadership needs to carefully balance the right narrative/debate on tackling the delicate and complex matter of problem gambling… __________________ The hair shirt is this season’s must-have fashion item for the well-dressed gambling executive, and this week was the turn of the GVC executive team to adopt sackcloth and …
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Rank appoints ‘strategy pro’ Tang Hong Cheong as corporate advisor
The governance of legacy UK gambling operator Rank Group Plc has this morning announced the appointment of Tang Hong Cheong as a non-executive director with immediate effect. Tang Hong Cheong has served as President and CEO of multi-national Asian entertainment and leisure investment firm Guoco Group since 2016. A seasoned C-level executive in corporate financing, risk management, transformation projects and …
Read More »Rank Group posts solid H1 growth through digital muscle & venue efficiencies
Publishing its half-year H1 2017/18 results (6-month period ending 31 December), FTSE-listed gambling operator Rank Group Plc has detailed continued digital growth combined with solid returns from its venues performance. Updating the market, Rank reports strong financial KPI growth for its trading period, declaring group adjusted profits of £40 million, up 17% on corresponding H1 2016/17’s £34.5 million. The FTSE …
Read More »Rank appoints Liam Smith to new role of Director of Customer Contact
Seeking to bolster its customer service operations, Rank Group Plc has confirmed the appointment of UK CS veteran Liam Smith to the newly created role of Director of Customer Contact. Smith who joins the casino operator from customer service outsourcing specialist Contact Center Managed Services, will report directly to Darren Moffett Rank’s Director of Customer Operations. Updating the market, Rank …
Read More »NetEnt signs agreement with The Rank Group Plc
Digital casino solutions provider NetEnt has signed a customer agreement with The Rank Group Plc, one of the largest gaming companies in Europe with a strong market presence in the UK. The UK has the largest online casino market in Europe meaning this is a major deal for NetEnt. Under the terms of the agreement with Rank, NetEnt will deliver its …
Read More »Rank on the up with H1 25% profit increase
Rank Group Plc operators of Grosvenor Casino and Mecca Bingo, has announced that H1 corporate operating profits rose 25% to £34.9 million (2013: 28.3 million), as the gambling operator reported improved performance on all brands. The digital performance of Grosvenor and Mecca brands drove corporate H1 performance, with the brands recording improved revenues of £41.4 million (2013: 35.6 million). Ranks …
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