Tag Archives: rank group

Self-exclusion and credit check failures cost Rank Plc £500,000

SBC News Self-exclusion and credit check failures cost Rank Plc £500,000

Issuing a market update, the UK Gambling Commission (UKGC) has fined London-listed gambling operator Rank Group Plc £500,000 for failing to meet standards on customer gambling protections. A UKGC investigation has revealed that Rank failed to interact with a customer who displayed ‘problematic behaviour’ whilst wagering at Rank Interactive property GrosvenorCasinos.com The customer is reported to have lost £1 million …

Read More »

Betway & Ninjas in Pyjamas (NiP) head up elite speaker lineup at ESI London

SBC News Betway & Ninjas in Pyjamas (NiP) head up elite speaker lineup at ESI London

Betting on esports continues to garner ever more attention, opinion and action from both industries. With the complications that lie around IP; the fact that game developers own the games in which matches are being bet on and are largely holed up in the anti-betting camp (the likes of Riot Games’ ongoing positioning on the topic, and Valve recently urging …

Read More »

Rank’s Luda project fails to find a new bingo audience

SBC News Rank's Luda project fails to find a new bingo audience

In its interim update, the governance of London-listed Rank Group Plc has revealed that its Luda Bingo project has failed to live up to management expectations. Updating investors, Rank governance details that the three Luda venues launched in Walsall, Weston-super-Mare and Leeds, failed to gain traction with bingo consumers. Launched in July 2017, the Luda venues aimed to attract younger …

Read More »

Rank ups Spanish profile with €21 million YoBingo.es acquisition

SBC News Rank ups Spanish profile with €21 million YoBingo.es acquisition

Rank Group Plc has today confirmed that it has moved to acquire Spanish online bingo operator YoBingo.es for an ‘initial consideration’ of €21 million cash. The acquisition sees Rank ‘deepen its commitment’ to the Spanish online gambling market, in which it currently operates its EnRacha online casino and games brand. Operated by QSB Gaming, YoBingo maintains a ‘top two presence’ …

Read More »

Rank appoints John O’Reilly as new Chief Executive

SBC News Rank appoints John O'Reilly as new Chief Executive

The governance of FTSE 250 gambling firm Rank Group Plc has this morning confirmed the appointment of John O’Reilly as  Chief Executive Officer, replacing outbound Henry Birch as its corporate leader. A 25-year industry leadership veteran, John O’Reilly joins Rank from William Hill Plc, where he served as Non-Executive Director (2017-2018). Furthermore, O’Reilly previously led and grew Ladbrokes’ digital operations …

Read More »

Scott Longley: Beyond the review, optimism for UK betting shops

SBC News Scott Longley: Beyond the review, optimism for UK betting shops

Is the betting sector being too pessimistic about the long-term future prospects of retail betting? Should stakeholders welcome the disruption as a chance to reinvent retail betting’s overall proposition? Scott Longley gets the lowdown for SBC. The perils for land-based gambling enterprises in the UK were all too evident in the profit warning issued by bingo-to-casino operator Rank in early …

Read More »

Rank issues profit warning as adverse weather impacts venue performance

SBC News Rank issues profit warning as adverse weather impacts venue performance

The governance of Rank Group Plc has today issued a corporate profit warning, detailing that its Grosvenor Casino and Mecca Bingo venues have been negatively impacted by adverse UK weather conditions recorded during Q1 2018. Updating the market, Rank details that March’s snowstorm has impacted customer activity/engagement with its UK Grosvenor and Mecca properties. The London-listed gambling group details a …

Read More »

Henry Birch hands notice as Rank leader

SBC News Henry Birch hands notice as Rank leader

Issuing a short corporate statement, FTSE-listed gambling operator Rank Group Plc has confirmed the departure of Henry Birch as Group Chief Executive. Updating the market, Rank governance informs that Birch has handed-in his 12-month notice, and will be joining UK highstreet retailing group Shop Direct as new Chief Executive. Rank governance has begun the executive search for Birch’s replacement and …

Read More »

“Landmark year” for Yggdrasil Gaming

Copyright: nexusplexus / 123RF Stock Photo

Announcing its financial results for Q4 2017, in addition to its full year figures, Yggdrasil Gaming has reported a strong showing across the board. Revenues for the period have shown an increase of 61% to SEK 51.2m (€5.1m), up from SEK 31.8m (€3.2m) on the same period in 2016, with mobile gaming making up a total of 59% of the …

Read More »

Rank Digital places new compliance demands on affiliate marketing partners

SBC News Rank Digital places new compliance demands on affiliate marketing partners

Issuing a corporate statement, Rank Group Plc has announced that it has moved to toughen its affiliate program’s due diligence requirements for new and existing marketing partners, as the operator seeks to meet ‘elevated industry regulatory requirements’. Updating stakeholders, group subsidiary Rank Digital which operates the marketing services of Grosvenor and Mecca digital properties will add a series of new …

Read More »