Tag Archives: rank

Rank pleased with Grosvenor progress as critical Stride integration begins

Rank Group Plc has detailed further progress for the firm’s transformation objectives and confidence in future prospects, as the London listed gambling group publishes its latest trading update for the quarter ending 30 September 2019. Rank records a 10% increase in group like-for-like net gaming revenues (NGR), detailing strong continued growth across its digital channel up 16% NGR. Maintaining its digital …

Read More »

GVC strengthens operational division with two new hires

GVC Holdings has strengthened its senior operational management team by announcing the appointment of a new director of payments and compliance, and a new gaming product director. Set to join the operator’s leadership in early November, Gabriele Griesbacher will assume the role of Director of Payments, while Colin Cole-Johnson takes up the role of Gaming Product Director. Shay Segev, Chief …

Read More »

Rank’s Luda project fails to find a new bingo audience

In its interim update, the governance of London-listed Rank Group Plc has revealed that its Luda Bingo project has failed to live up to management expectations. Updating investors, Rank governance details that the three Luda venues launched in Walsall, Weston-super-Mare and Leeds, failed to gain traction with bingo consumers. Launched in July 2017, the Luda venues aimed to attract younger …

Read More »

Rank appoints John O’Reilly as new Chief Executive

The governance of FTSE 250 gambling firm Rank Group Plc has this morning confirmed the appointment of John O’Reilly as  Chief Executive Officer, replacing outbound Henry Birch as its corporate leader. A 25-year industry leadership veteran, John O’Reilly joins Rank from William Hill Plc, where he served as Non-Executive Director (2017-2018). Furthermore, O’Reilly previously led and grew Ladbrokes’ digital operations …

Read More »

Rank Digital places new compliance demands on affiliate marketing partners

Issuing a corporate statement, Rank Group Plc has announced that it has moved to toughen its affiliate program’s due diligence requirements for new and existing marketing partners, as the operator seeks to meet ‘elevated industry regulatory requirements’. Updating stakeholders, group subsidiary Rank Digital which operates the marketing services of Grosvenor and Mecca digital properties will add a series of new …

Read More »

Rank Group boosts digital division to counter ‘Tough’ venue conditions

Tough retail conditions have impacted the H1 2017 performance of London-listed gambling operator The Rank Group Plc. The company has detailed a ‘challenging period’ in which its Grosvenor and Mecca venues have faced multiple increased costs. Updating the market, Rank would maintain group revenues of £754 million (1% increase), with the firm’s venue division generating like-for-like revenues of £642 million …

Read More »

Rank Group appoints Martin Pugh & Alan Morgan as Grosvenor & Mecca MDs

FTSE-listed gambling operator Rank Group Plc (Rank) has announced two leadership appointments for its core assets, Grosvenor Casino and Mecca Bingo. Updating the market, Rank governance announced that Martin Pugh has been appointed Managing Director of its Grosvenor Casino division, having served as leader of Mecca Bingo (2014-2016). Pugh replaces Mark Jones as Grosvenor leader, who departed the company last …

Read More »

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 …

Read More »

Grosvenor digital performance boosted by new platform

Rank’s online Grosvenor casino business has seen revenue boosted by 35% so far this year, but its online Mecca bingo brand has seen a dip during the same period. The firm launched its new digital platform, supplied by Bede Gaming, earlier on this year and its introduction has caused some short-term friction for the bingo brand, which saw revenues drop 5% as …

Read More »

Current Levy level unsustainable for LBOs

Horseracing and the government has been warned that the current level of Horseracing Levy being paid by betting shops is unsustainable and will need to be lowered if the sport is going to thrive in betting shops. Speaking at the Association of British Bookmakers AGM in London yesterday, Paul Darling QC underlined the fact that betting shop operators are paying …

Read More »