Rank Group Plc has expanded its principal supplier partnership with the Department of Trust (DoTrust) to cover all compliance and customer risk assessment duties of the LSE-listed gambling group. As announced this morning, Rank Interactive unit will integrate “DoTrust Complete”, the “first dedicated platform offering end-to-end frictionless and enhanced financial risk checks to support all stages of the player journey.” …
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Mecca Bingo to sponsor ITV’s Loose Women in 2024
Mecca Bingo has bolstered its UK brand coverage by becoming the lead sponsor of ITV’s Loose Women, beginning in January 2024. Broadcast on weekdays from 12:30 to 13:30, Loose Women is the principal daytime panel show of ITV, which attracts an estimated daily audience of 3 million viewers. On air since 1999, Loose Women serves as ITV’s longest-running talk show, …
Read More »ASA orders Mecca to remove Baga Chipz social post
Rank Group’s Mecca Bingo has been ordered to remove an Instagram post featuring a prominent drag star by the Advertising Standards Authority (ASA). The post featured celebrity drag queen Baga Chipz alongside a caption reading ‘a good game can transform you! Don’t you just love that post-bingo glow. Over 18s only. BeGambleAware.org. DrinkAware.co.uk. Ts&Cs apply. #letaplaymeccabingo #meccabingo #winning #bingo #winningfeeling …
Read More »Rank Group nets Q1 all unit growth against tough UK environment
Rank Group Plc continues to navigate a challenging UK business environment, but remains confident in achieving 2023/24 full year revenue and profit growth in line with expectations. Publishing its Q1 2023/24 trading update, the LSE gambling group recorded an 11% increase in like-for-like net gaming revenue (NGR) to £179m. A positive start to year trading saw Rank record NGR growth …
Read More »Rank books £109m statutory loss in cold 2022/2023
Rank Group Plc has achieved its 2022/2023 corporate targets, overcoming the challenges of a financial year featuring peak energy costs, wage inflation and regulatory changes impacting its business. Publishing its preliminary 2022/2023 results (12 months ending 30 June), Rank Group declared an underlying operating profit for full-year trading of £20.3m. The bottom-line result is lower than the prior 2021/2022 financial …
Read More »Rank appoints Andrew Peat as new Interactive MD
Rank Group Plc has confirmed the forthcoming appointment of Andrew Peat as the new Managing Director of its Interactive business. Peat, who is expected to assume the leadership role later this year, will join Rank’s executive management team from William Hill, where he most recently served as Sportsbook Director from 2018 to 2023. Before joining the betting and gaming industry, …
Read More »Rank promotes ‘proven talent’ Jon Martin to COO
Rank Group Plc has promoted Interactive MD Jon Martin to the position of Group Chief Operating Officer (COO), confirming that he will assume the role during the summer. A five-year executive of Rank, Martin has led multiple divisions of the LSE gambling group including its Aspers Online brand and International operations. In his new position, Martin will maintain his role …
Read More »Rank books losses of £101m to overcome cold interim for UK venues
Rank Group Plc has declared that its business remains stable, despite recording statutory losses of £101m due to post-pandemic headwinds impacting its UK venues. Publishing its Interim 2022 results (six months to 31 December), Rank achieved group underlying net gaming revenues (NGR) of £337m, up 2% on like-for-like 2021 results of £330.5m. Interim trading saw Rank Digital generate a 9% …
Read More »Rank issues profit warning on Grosvenor frozen performance
Rank Group Plc has issued a profit warning, alerting investors of weaker-than-anticipated results impacting its Grosvenor casino venues. Providing an update on its trading performance for the five months to 30 November, the LSE gambling group reported that a decline in Grosvenor performance had wiped out group growth. “Whilst there has been some improvement in Grosvenor’s trading over the last …
Read More »Rank delivers positive Q1 against a frosty year outlook
Rank Group Plc maintains growth against tough macroeconomic headwinds impacting customer spending activity and the profitability of its UK gambling venues. This morning the LSE gambling group published its Q1 2022/2023 trading statement, registering a 2% increase in net gaming revenues (NGR) to £166m. Headline growth was maintained despite Rank’s flagship Grosvenor Casino unit’s continued performance decline, in which Q1 …
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