Following what it described as a ‘tough first half’ to the year, Rank Group has reported that its operating profits have climbed by 20% as detailed in the group’s H2 2018/19 results (6-month period ending 30 June 2019). While the operator explained that its full-year profits had taken a 22% hit since last year, dropping from £50.1m to £39m, Rank …
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Stockholm-listed sports betting platform provider Kambi Group Plc has attributed its success during Q2 2019 to a growing number of partnerships across both Europe and the US, despite facing ‘tough comparatives including the 2018 football World Cup’. Recording a revenue figure of €21.6m, a jump from the previous figure of €17.6m, Kambi has moved towards forging new partnerships across European markets. …
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Having received full licensing from the Spanish gambling regulator (DGOJ), Bede Gaming kick-started 2019 with a concerted expansion in the country. We caught up with Ross Haselhurst, Commercial Director at Bede Gaming, to discuss why Spain is “well primed” to provide players with a richer gaming experience, positioning Bede as the “safest place to play”, and strengthening its market presence …
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Further to publishing its Q3 2018/19 trading update, the governance of London-listed Rank Group Plc has this morning disclosed that Ian Burke will not stand for re-election as Corporate Chairman. Updating investors, Rank informs that Burke has submitted a personal notice informing governance of his decision to end his 8-year tenure as Rank Group Chairman. Rank governance informs that Senior …
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Publishing its Q3 2018/19 trading update (quarter period ending 31 March), the governance of London-listed gambling group Rank Group Plc details that its transformation programme is delivering on ‘expected cost savings’. Reflecting previous trading updates, Rank details that it has recorded improved digital revenues (+2%), whilst its venue like-for-like revenues remain flat. Nevertheless, the UK gambling group reports an improvement …
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Industry figureheads and wider health and education stakeholders addressed the issue of whether children are really gambling – at the latest meeting of the ‘Parliamentary All Party Betting and Gaming Group’ (APBGG – 26 February 2019). The subject matter which has become a prominent issue for the UK gambling industry was discussed by – David Williams, Director of Public Affairs …
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Publishing its H1 2018/19 interim results (period ending 31 December), the governance of Rank Group Plc states that it has identified a number of core efficiency-led directives that it will undertake, as part of its ongoing corporate transformation programme. The London-listed operator’s performance continues to suffer from ‘venue declines’ as its flagship Grosvenor properties adjust to a tougher UK retail …
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Global consumer comparisons and credit score data provider Experian has launched the industry’s first ‘affordability check’ tool, helping operators’ asses, identify and better understand customer risks, behaviours and affordability. In its product notes, Experian details that the affordability check tool becomes valid at the ‘most appropriate point for customers’, helping betting firms identify account changes or specific behaviours that may …
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UK legacy gambling operator Rank Group Plc is set to trial the immersive virtual reality technology of Immotion Group Ltd, seeking to deliver one-of-kind experiences to its UK venue customers. Agreeing terms on a revenue share deal, Rank will initially trial an Immotion VR pod within its Grosvenor Casino Manchester property showcasing Immotion’s ‘VR Racing Challenge’ simulator game. Should the …
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London-listed gambling operator The Rank Group Plc (Rank) continues the restructuring of its senior executive management team, confirming the appointment of industry communications expert David Williams as new Director of Public Affairs. Williams the former long-term Media & PR Director of Ladbrokes UK (2004-2017) joins Rank Group leadership, from newly formed racecourse pool-betting operator, Britbet, where he formerly served as …
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