Tag Archives: Rank Group Plc

Winning Post: Playing it straight on black market threats

Regulus Partners sets the record straight on how betting incumbents should represent black market threats, where the emphasis should be placed on understanding player habits and protecting integrity over market size impacts.   Whenever a regulator or government seeks to make ‘illiberal’ changes to gambling policy, the dangers of a black market will almost inevitably be wheeled out in evidence …

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Rank adds finance expert Chew Seong Aun as a corporate advisor

Rank Group Plc has announced a directorate change with Chew Seong Aun replacing Tang Hong Cheong as a company non-executive director. An expert in corporate finance, Seong Aun is the current group CFO and board member of Honk Kong-based private investment fund Guoco Group, the current majority shareholder of Rank Plc. Seong Aun has had a 30-year executive career in …

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Rank completes phase one of Stride migrations

Rank Group Plc has migrated ‘Bella Casino’ onto its proprietary operating platform, thereby completing the first stage of the technology integration of its acquired Stride Gaming assets.  The LSE gambling group underlined progress on the key technology directive of merging Stride Gaming’s multi-brand UK online casino and bingo portfolio with its proprietary systems to expand its ‘Rank Interactive’ business unit.    …

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Rank appoints Liam Wallwork as digital transformation lead

London-listed Rank Group Plc has confirmed the appointment of Liam Wallwork as inbound Director of Transformation for its Interactive division. Wallwork joins Rank’s executive management team from William Hill, where he formerly served as Commercial Director and Director of Gaming (2017-2019). A digital strategy expert for mass-market igaming brands, Wallwork holds further industry experience having served as an operations and …

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Rank Group pursues Stride Gaming for £115 million

The governance of Rank Group Plc has this morning confirmed that it has entered ‘advanced discussions’ to acquire London AIM-listed online gambling group Stride Gaming Plc. Rank the operating company of Mecca Bingo and Grosvenor Casinos, has tabled a ‘28% premium’ offer on Stride’s share price, putting forward to investors an all-cash ‘151 pence per share’ purchase price to acquire …

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Winning Post – Regulation… Are We Bettor Balanced?

Publishing its latest industry opinion, strategic consultancy Regulus Partners details that sector leadership needs to carefully balance the right narrative/debate on tackling the delicate and complex matter of problem gambling… __________________ The hair shirt is this season’s must-have fashion item for the well-dressed gambling executive, and this week was the turn of the GVC executive team to adopt sackcloth and …

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Rank appoints ‘strategy pro’ Tang Hong Cheong as corporate advisor

The governance of legacy UK gambling operator Rank Group Plc has this morning announced the appointment of Tang Hong Cheong as a non-executive director with immediate effect. Tang Hong Cheong has served as President and CEO of multi-national Asian entertainment and leisure investment firm Guoco Group since 2016. A seasoned C-level executive in corporate financing, risk management, transformation projects and …

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Rank Group posts solid H1 growth through digital muscle & venue efficiencies

Publishing its half-year H1 2017/18 results (6-month period ending 31 December), FTSE-listed gambling operator Rank Group Plc has detailed continued digital growth combined with solid returns from its venues performance. Updating the market, Rank reports strong financial KPI growth for its trading period, declaring group adjusted profits of £40 million, up 17% on corresponding H1 2016/17’s £34.5 million. The FTSE …

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Rank appoints Liam Smith to new role of Director of Customer Contact

Seeking to bolster its customer service operations, Rank Group Plc has confirmed the appointment of UK CS veteran Liam Smith to the newly created role of Director of Customer Contact. Smith who joins the casino operator from customer service outsourcing specialist Contact Center Managed Services, will report directly to Darren Moffett Rank’s Director of Customer Operations. Updating the market, Rank …

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NetEnt signs agreement with The Rank Group Plc

Digital casino solutions provider NetEnt has signed a customer agreement with The Rank Group Plc, one of the largest gaming companies in Europe with a strong market presence in the UK. The UK has the largest online casino market in Europe meaning this is a major deal for NetEnt. Under the terms of the agreement with Rank, NetEnt will deliver its …

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