Tag Archives: rank group

Rank appoints Hazel Boyle as new CPO

SBC News Rank appoints Hazel Boyle as new CPO

The board of Rank Group Plc has announced the appointment of Hazel Boyle as new Chief People Officer (CPO) of the heritage UK gambling group. Boyle joins Rank’s executive team, having most recently served as Chief People Officer at FTSE250 publisher and media owner Future plc. An expert in talent pool development and HR planning, Boyle has led recruitment and …

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Rank lowers 2022 profit guidance due to Grosvenor venues ‘soft performance’

SBC News Rank lowers 2022 profit guidance due to Grosvenor venues 'soft performance'

Rank Group Plc has this morning issued a profit warning, accounting for the below expectations performance of its UK Grosvenor casino venues, which have been dragged by a ‘softness in visitor numbers’. The LSE gambling group has revised down its 2021/2022 underlying profits from its previous range of £47-to-£55 million to an expected result of approximately £40 million. “We have …

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GamCare optimises safer gambling for Rank Group employees

SBC News GamCare optimises safer gambling for Rank Group employees

GamCare has formed a partnership with Rank Group to carry out safer gambling and social responsibility training for more than 1,400 of its employees.  Beginning this month until late November, the UK-based charity will deliver 150 days of training covering a range of areas relating to responsible gambling and customer interaction. This will include a he firms have outlined that …

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Rank softens year earnings as UK venues catch a cold 

SBC News Rank softens year earnings as UK venues catch a cold 

Rank Group Plc has downgraded its 2021/2022 full-year EBIT profit guidance from £55m-to-£65m to the lower range of £47-to-£55m – having considered  Q3 trends that detail a ‘softness in venue trading’ and ‘continued inflationary costs’.     The LSE gambling group has notified investors that it continues to monitor post-pandemic elements that are impacting the full recovery and day-to-day trading of its …

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Ben Warn joins high-flying Checkd Group as chairman ahead of US launch 

SBC News Ben Warn joins high-flying Checkd Group as chairman ahead of US launch 

Checkd Group has appointed Ben Warn to serve as its first Non-Executive Chairman of the fast-growth sports betting media business.  A seasoned sports betting executive, Warn has served as a corporate advisor of Checkd since 2019 and will provide his oversight on the company’s strategic objectives.  The Manchester-based business group has appointed its first Chairman as  it embarks on a …

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Julie Markey appointed interim Chair of XLMedia

SBC News Julie Markey appointed interim Chair of XLMedia

XLMedia (XLM) has moved to strengthen its senior leadership team following Christopher Bell’s decision to vacate as Chair, appointing Julie Markey in an interim role.  Markey steps into the position of interim Chair from her current role of non-executive Director of the Company and Chair of the remuneration committee, and will assume the responsibilities of the job whilst the company …

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Rank returns to H1 profits buoyed by all unit recovery

SBC News Rank returns to H1 profits buoyed by all unit recovery

Rank Group Plc welcomes a return to profitable trading, driven by the strong recovery of its Grosvenor, Mecca and Enracha (Spain) venues remerging their businesses from COVID-19 constraints.  Publishing its interim H1 2021/22 results (period ending 31 December), Rank registers a group underlying NGR of £334 million, up 90% corresponding to H12020/21 results of £175 million. Period growth was maintained, …

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Rank appoints Richard Harris as inbound CFO

SBC News Rank appoints Richard Harris as inbound CFO

Rank Group Plc has confirmed the inbound appointment of Richard Harris as Chief Financial Officer (CFO) and a board director of the LSE-listed gambling group. The executive appointment will take effect from 1 May 2022, with Harris set to replace incumbent Bill Floydd who resigned this summer, choosing to join luxury retailer Watches of Switzerland. Harris is the current CFO …

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Rank to collect +£80m HMRC VAT settlement

SBC News Rank to collect +£80m HMRC VAT settlement

Rank Group Plc has reached an agreement with HMRC in relation to its outstanding VAT refund claim on slot machine income.  Providing a market update, Rank disclosed that HMRC has agreed to issue a refund of £77.5 million paid machine duties paid from April 2006 to January 2013. In April 2020, an Upper Tribunal judgement voted in favour of Rank …

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