Tag Archives: rank group

Rank confirms Euro business support to navigate COVID-19 impact 

Rank Group Plc is the latest gaming industry incumbent to issue a COVID-19 update to investors, today citing a slowdown in UK venue trading over the last three weeks. The LSE operator stated that despite the slowdown its UK venue portfolio of Grosvenor Casinos and Mecca Bingo ‘remained profitable last week’. Following the UK government’s civil advice to avoid leisure …

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Affiliate leaders confirmed for CasinoBeats Malta 2020

Attendees of CasinoBeats Malta 2020 will benefit from the expertise of both affiliates and operator affiliate managers as more leading companies and senior executives have been confirmed for the March event. The agenda for the premier online casino conference and exhibition, which takes place at the InterContinental Malta on 24-26 March, makes CasinoBeats Malta 2020 one of the key dates in this year’s …

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Digital performance drives growth for Rank Group

Rank Group has praised further growth across its digital division, with the group reporting growth in NGR and operating profit of 14% and 117% respectively. Publishing its interim results for the six months ended 31 December 2019, Rank attributed the 10% year-on-year lift in net gaming revenue (NGR) to the progress made on the group’s transformation programme. John O’Reilly, Chief …

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Rank smooths verification with SafeCharge’s ‘ID Manager’

London-listed Rank Group Plc has deepened its ongoing agreement with payment systems provider SafeCharge to incorporate its ‘Identity Manager’ solution, enabling a smooth and secure verification process for consumers. Using the Nuvei company’s payment solutions to improve conversions and secure customer data since 2014, the heightened link-up includes identity verification to enable a seamless, automated and compliant method of on-boarding customers quickly and …

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David Clifton: Licensing Expert – A restless November is just getting started

There are times when writing a monthly column for SBC News presents a challenge. This is one of those months. It’s not because of the paucity of potential content. It’s because of the sheer volume of potential content. As it happens, there is a common thread running through all that I write about below, particularly with a General Election looming …

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Rank appoints Karen Whitworth as Audit Chair

London-listed Rank Group Plc has moved to strengthen its governance advisory, confirming the appointment of Karen Whitworth as a Non-Executive Director with immediate effect. An expert in the financial planning and risk management of large-scale enterprises, Whitworth is the former logistics and supply chain operations director of UK supermarket J Sainsburys Plc (2007-2018). Updating investors, Rank governance informs that Whitworth …

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UK betting commits to new ‘five core’ safer gambling measures

Chief Executives from a number of UK betting companies have signed up to a new package of safer gambling commitments, which will place a focus on mitigating the associated risks of gambling.  The CEOs from Aspers, bet365, Caesars, Flutter Entertainment, Genting, GVC Holdings, Playtech, Rank Group, Sky Betting & Gaming and William Hill have all committed to the new set …

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Rank pleased with Grosvenor progress as critical Stride integration begins

Rank Group Plc has detailed further progress for the firm’s transformation objectives and confidence in future prospects, as the London listed gambling group publishes its latest trading update for the quarter ending 30 September 2019. Rank records a 10% increase in group like-for-like net gaming revenues (NGR), detailing strong continued growth across its digital channel up 16% NGR. Maintaining its digital …

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Rank Group’s transformation programme helps boost H2 profits

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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Strengthened global profile helps Kambi maintain growth momentum

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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