Thursday, March 23, 2023

Tag: John O’Reilly

Rank welcomes British government’s review of gambling regulation

Rank welcomes government review of gambling regulation
Following a challenging full year 2020/21, Rank CEO John O’Reilly welcomed the opportunity to update the regulations for Britain’s land-based casino sector.

Rank optimistic despite tough Q3

Prior to reopening its UK properties in mid-May, the Rank Group reported that its Q3 net gaming venue fell 76 percent year-on-year, with only its nine Enracha venues in Spain open during the quarter.

Thousands of casino jobs could be lost with wider curfew measures

The Rank Group Plc (LSE: RNK) has warned of thousands of jobs being put at risk in its Grosvenor Casinos business if the Government proceeds with nationwide 10:00pm curfews across the UK.

“We are asking the government to quickly review the decision to keep casinos closed”

John O’Reilly, CEO of Rank Group - which owns the Grosvenor Casinos and Mecca Bingo brands - criticised the British government’s “baffling” u-turn on allowing casinos to reopen at the start of July, and called for a review of the decision to keep casinos closed.

Rank Group warns of a £50 million hit if lockdown continues for prolongued period

More than 7,000 staff have been furloughed as the Rank Group moves to batten down the hatches during the coronavirus pandemic.

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