Tag Archives: rank group

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 …

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 …

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 …

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 …

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, …

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 …

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 …

Rank Group Plc has confirmed that Susan Hooper has chosen to step down as a non-executive director of the company, ending her tenure as Chair of Rank’s ESG and Safer Gambling Committee. A figurehead in corporate management for large scale enterprises, Hooper was appointed a Rank corporate advisor in 2015 and would later take on the role of first ESG …

Rank Group Chief Executive John O’Reilly believes that a positive outcome to the government’s generational review of the 2005 Gambling Act should “rewrite the industry’s historical flaws”.  Delivering the keynote speech at the ‘Reputation Matters: UK Gambling’s Future at Stake’ conference, O’Reilly provided his leadership take on legislative developments amid concerns of how the UK gambling sector will be re-shaped …

Rank Group has reported that its trading is ‘in line with expectations’, highlighting a return to growth for its digital business whilst its retail division has experienced significant expansion.  Publishing its trading results for the period ending 30 September 2021, Rank revealed a 5% year-on-year increase in net gaming revenue growth for its digital business whilst its retail division saw …