Tag Archives: rank group

Ahead of its Annual General Meeting, London-listed gambling operator Rank Group Plc has issued a 16-week trading update (period ending 15 October). The gambling operator has stuck by its full-year guidance, despite facing tough ‘venue conditions’ in 2017. In its latest trading update, Rank would sustain a like-for-like group revenue increase of 2%. The company detailed that growth was primarily …

Tough retail conditions have impacted the H1 2017 performance of London-listed gambling operator The Rank Group Plc. The company has detailed a ‘challenging period’ in which its Grosvenor and Mecca venues have faced multiple increased costs. Updating the market, Rank would maintain group revenues of £754 million (1% increase), with the firm’s venue division generating like-for-like revenues of £642 million …

West London Championship Football Club Fulham FC has confirmed Rank Group gambling subsidiary Grosvenor Casinos as its official ‘Main Team Partner’ for season 2017/18. Agreeing terms on a two-year deal Grosvenor Casinos online brand GrosvenorCasinos.com will be displayed on the front of Fulham FC’s match day shirts. Further branding coverage will see, the grosvenorcasinos.com brand appear around Craven Cottage stadium (capacity: 25,000) …

Having formed one of the fastest growing technology companies within the betting and gaming sector, Michael Brady, CEO, of Bede Gaming tells SBC how his firm’s growth has been driven by thinking outside the box and working on new industry dynamics with its growing portfolio of clients…  _______________________________  SBC: Hi Michael, Bede Gaming is one of the newer industry platform …

Instant Win Gaming (IWG) has agreed a deal to deliver its popular blockbuster titles Slingo and Cashbuster to 888 Bingo. This is the first major operator deal for IWG since Leon Thomas joined the company from Rank Group subsidiary Mecca Digital, where he served as Chief Operating Officer (COO). Working out of IWG’s London base as Chief Commercial Officer (CCO), …

The Rank Group recently reported 13% digital revenue growth, with a 35% uplift in its Grosvenor Casino brand’s digital performance, and credited Bede Gaming with enhancing its digital platform to generate these significant gains. Having switched to Bede in 2016 from OpenBet, Rank has not only seen strong growth in the digital field but has also achieved greater operational efficiency, …

Seeking to boost its operational capabilities, FTSE250 listed gambling operator Rank Group Plc has moved its support staff to a new office located in the TOR Building of Maidenhead. The migration of support staff to Maidenhead forms part of Rank governance’s ongoing ‘organisational restructure’, which was announced during the firms H1 2016/17 interim results. At present, Rank is undertaking group-wide …

London LSE-listed gambling operator Rank Group Plc has this morning issued a short trading statement informing investors of its corporate performance for the 46-week period to 14 May. Issuing its statement, Rank governance informs that group combined revenues remain flat gaining a 1% year-on-year increase. On a channel basis, digital revenues grew by 13%, however group revenue performance has been …

Updating the market, FTSE-listed Playtech Plc has informed that it has secured a ‘significant extension’ of its Rank Group contract for system provisions of UK Grosvenor casino estates. The agreement will now see Playtech further integrate table and slots management system across Grosvenor’s network of 54 UK casino estates, boosting Rank Group games management provisions. Moving forward all Grosvenor casino …

Kambi Group Plc Chief Executive Kristian Nylén has stated that 2016 was the perfect period for his firm to test its services against its market competitors, detailing the high wagering activity recorded during the UEFA Euro 2016 football championships (June – July) and Rio Olympics (August). Publishing a forward-looking statement on Kambi’s ‘2016 Annual Report’, Nylen details that corporate governance …