Saturday, April 13, 2024

Tag: Rank Group

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 says UK trading is “in line with management expectations”

Rank UK trading financials
The operator noted that the performance of its Grosvenor Casinos properties in London continues to be impacted by “the lack of international tourism”, together with “ongoing late night travel challenges for consumers”.

Rank to deploy real-time ‘Hawkeye’ system as part of Safer Gambling roll-out

Rank Safer Gambling HawkEye
Rank will introduce a real-time safer gambling monitoring desk, with a focus on high-velocity players who might not be picked up by existing safer gambling controls.

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.

Grosvenor verticals help drive 10 percent revenue rise for Rank

Grosvenor Casino Women Rank Group
The Rank Group - owners of the Mecca Bingo and Grosvenor Casino brands - has posted a 10 percent increase in like-for-like gaming revenue in the quarter ending 30 September 2019. In the quarter ending 30 September 2019 Rank Group saw its like-for-like gaming revenue increase by 10 percent, with total net gaming revenues up by nine percent. Updating investors, John O’Reilly,...

Rank Group triumph at Women in Gaming awards

Grosvenor Casino Women Rank Group
A global judging panel of 23 gambling industry experts have presented Rank Group employee, Kerry Dawes, Inspiration of the Year at the 10th anniversary of Women in Gaming Diversity Awards. The award category was open to all women working...

The Rank Group Plc appoints David Williams as Director of Public Affairs

Rank Group David Williams
Rank is pleased to announce the appointment of David Williams as its Director of Public Affairs. David will take up the newly-created role on 3 December 2018, reporting into Rank’s Chief Executive, John O’Reilly, as the Group continues to bolster its senior leadership team as part of the wider business transformational programme. David joins Rank from the racecourse pool-betting operation, Britbet,...

Rank Group profits dip after cautious consumer spending

Rank Group Grosvenor Casino
The Rank Group has warned that lower consumer spending has impacted the number of gamblers visiting its casinos and bingo halls with the drop in patrons leading to the company forecasting a lower full-year profit and dropping its shares to a more than three-year low.   The group said on Thursday that revenue at Rank's Grosvenor casinos and Mecca bingo venues...

Aprirose to sell Grosvenor Victoria whilst Grosvenor’s Nottingham venue reopens

Casino Review - Aprirose Grosvenor
Aprirose has confirmed it plans to sell the flagship Grosvenor Victoria Casino building while in other Rank news Grosvenor Nottingham recently reopened.   Real estate investments firm Aprirose Limited has announced that it intends to sell the building that houses London’s Grosvenor Victoria Casino and is only prepared to entertain offers in excess of £70m. Affectionately known by poker players as the...

Cybercrime tops the ICE VOX agenda for Rank Group’s Director

Casino Review Richard Wade Cybercrime
The Director of Compliance and Responsible Gambling at Rank Group, Richard Wade, has been confirmed as the chair of the Cybercrime Security and Regulatory Compliance in Gaming session at ICE VOX.   Richard Wade, one of the industry leaders appearing at February's ICE VOX learning programme, has acknowledged the challenge facing the gaming industry if it is to keep one step...

NYX Gaming’s OGS goes live with The Rank Group

Casino Review NYX Gaming Group
The NYX Gaming Group has confirmed the launch of its titles across The Rank Group brands including Grosvenor Casinos and Mecca Bingo.   NYX Gaming Group has announced the go-live of casino content to The Rank Group Plc. Rank brands Grosvenor Casinos & Mecca Bingo have licensed NextGen Gaming content via NYX’s Open Gaming System (OGS) with the first games already...

Global online gambling wagers to approach $1tn by 2021

Casino Review wagers online gambling
The value of online gambling wagers will soar from just over $550bn (E490bn) this year to nearly $950bn (E850bn) by 2021, according to new data from UK-based Juniper Research.   Juniper’s latest research found that gambling activities were increasingly migrating to the online environment, with the majority of net growth attributable to users of mobile channels. It also argued that new...

Rank Group shake off Brexit with increased profits

Casino Review, Rank, Brexit, profits
Rank Group has announced on 23 August that Britain's decision to leave the European Union would have little or no direct impact on its performance, just days after it dropped its joint bid to takeover London-based bookmakers William Hill.   The operator of Grosvenor casinos and Mecca bingo reported increased revenue and profits in its latest full year, and an 18...

Numbers up at Grosvenor Casinos as digital business rides high

Grosvenor Casino
The owner of the UK’s Grosvenor Casino brand, Rank Group, has publicised an interim management report, indicating that like-for-like revenue from its casino business grew by four per cent in the 19 weeks to May 8. Combined with income derived from its Mecca Bingo division, overall revenue at the company grew by three per cent. Cashflow from the Grosvenor side was...