Rank Group has announced that it will begin the ‘phased reopening’ of its Mecca Bingo venues operating across England from 4 July. In accordance with the government’s public safety measures, 36 Mecca venues will reopen on 4 July across England, as Rank re-establishes its retail footprint having been forced to close all gambling venues from mid-March as the UK entered …
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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 »Tough ‘venues’ condition sees Rank Group up digital presence
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 …
Read More »Grosvenor Casinos launches new sportsbook with Kambi
Rank Group subsidiary Grosvenor Casinos has confirmed the launch of a new sports betting offering for its online and land-based players. Powered by Kambi following a deal made in January, ‘Grosvenor Sport’ enables punters in Grosvenor land-based sites or online to access various sports betting services and a range of special offers. The product underwent a soft launch this summer, …
Read More »Rank Group reports flat revenues as governance reaffirms full-year expectations
Issuing an ‘Interim Management Statement’, FTSE-listed UK gambling operator Rank Group Plc (Rank) has reported that it expects to post ‘flat revenues’ revenues for its trading update for the 15-week period to 9 October. Ahead of its Annual General Meeting, Rank the operator of Grosvenor Casinos and Mecca Bingo halls reiterates its full-year target expectations. Publishing a brief trading update, …
Read More »Grosvenor Casinos launches sports betting product with Kambi
Stockholm Nasdaq-listed sports betting platform provider Kambi continues to grow its ‘tier 1’ industry client portfolio by announcing that it has launched its betting services for Rank Group online subsidiary Grosvenor Casinos (Grosvenorcasinos.com) Chosen as sports betting software provisions partner by Rank Group in January, Kambi has delivered a full range of markets to Grosvenorcasinos.com in time for a packed …
Read More »Rank Group losses £30 million VAT appeal
The UK Supreme Court has overruled a VAT appeal lodged by Rank Group Plc with regards to a £31 million dispute on taxation of its gambling machines between 2002 and 2005. The appeal was brought up by Rank Group on 21 April 2015, with regards to the operatpors claims that it had overpaid VAT on Grosvenor Casino and Mecca Bingo …
Read More »Jones moves from bingo to casino at Rank Group
Casino and bingo entertainment provider The Rank Group has appointed Mark Jones to the position of Managing Director for Grosvenor Casinos. Jones, 54, joined The Rank Group Plc in 2009 and is currently Managing Director of Mecca Bingo. Prior to this he has held a number of senior management posts in the leisure industry, including chief executive of Pizza Hut …
Read More »Grosvenor’s GUKPT sees 90% increase in players
The recent GUKPT event in Reading last week has proved a huge success for owner Grosvenor Casinos. 268 players entered the £500+50 main event – a huge 90% increase on the same event last year. When the dust settled it was young English pro Paul Vas Nunes who walked away with the coveted trophy and the lion’s share of the …
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