Tag Archives: grosvenor

Rank Group identifies return to form for digital business in Q1 trading update

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 …

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Rank stomachs £93m lockdown loss as leadership eyes strongest venue returns

Rank Group Plc has disclosed statutory losses of £93 million, as the LSE gambling group closes accounts on a year ravaged by COVID-19 headwinds.  Publishing its preliminary results for 2020/2021 trading (12-months ending 30 June) Rank registered a 50% decline in underlying net gaming revenues to £288 million. Year trading saw Mecca Bingo and Grosvenor Casino properties restricted to ‘59% …

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Rank prioritises safe venue return as lockdown drains group performance   

Rank Group Plc has revealed that trading under lockdown conditions for its most recent quarterly reporting period has resulted in a 72% fall in group like-for-like revenues. This morning, the LSE gambling group published a Q3 2020/2021 trading and corporate liquidity update for the period ending 31 March, which stated that its Grosvenor and Mecca venue net revenues performance had …

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Sue Yoxall, mkodo: The unique combination of native app and real-money gaming expertise

mkodo

Sue Yoxall, co-founder and executive director of mkodo, discusses meeting the increased demand for digital entertainment, and why changes to submissions on both Google Play and Apple provides an opportunity for operators to take advantage of a new player demographic, especially as new markets such as the US and Germany begin to open in 2021. Yoxall also addresses a tilting …

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London casinos warn against blanket 10pm curfew

The Betting and Gaming Council (BGC) has confirmed that London casinos are prepared to close their bar premises in order to avoid a curfew being imposed on the capital’s entertainment venues. The BGC’s statement comes as the government reviews further lockdown measures to slow the spread of the coronavirus, as the UK enters its autumn months. Latest news reports suggest …

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Rank outlines plans to reopen Grosvenor venues

Rank Group Plc has communicated its plans to reopen 44 Grosvenor Casino venues across England from 1 August, adhering to the government’s social distancing orders and public safety rules.  Grosvenor, the UK’s largest land-based casino operator, will begin the staggered reopening of a selected number of venues in England from Saturday 1 August – as Wales and Scotland’s casinos remain …

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BGC highlights UK casinos ‘community response’ under lockdown orders

The Betting and Gaming Council (BGC) continues to pressure the government on delivering clarity to the UK casino sector and its workforce, following the disappointing news that casino venues will not be allowed to reopen this July. Branded in the same category as nightclubs, England’s casino venues were told to remain in lockdown, and given no indication as to their …

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John O’Reilly: UK government needs to act now to avoid casino job losses

John O’Reilly, Chief Executive of Rank Group, has stated his disbelief at the UK government refusing to allow England’s casinos to reopen on 4 July, as previously anticipated and prepared for by licensed operators. Rank’s CEO branded the government’s latest easing orders on leisure and hospitality venues as ‘baffling’ and ‘incoherent’, with the government allowing England’s bingo venues to reopen …

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GambleAware donations top £10m for 2019/20

GambleAware has revealed that donations to the charity have surpassed its £10 million minimum target for the first time. Publishing the full list of donations received between 1 April 2019 and 31 March 2020, it revealed that gambling operators and suppliers had made £10.05 million in voluntary donations to the charity, which is not inclusive of money received through regulatory …

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