Wednesday, September 29, 2021

Tag: John O’Reilly

Rank optimistic despite tough Q3

Rank Group Q3 Financials
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

Grosvenor Casino Rank curfew warning
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”

Rank CEO John O'Reilly UK Casino lockdown
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

Rank Group lockdown hit warning
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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