Rank’s casinos are coining it

Gambling company Rank expects to hit its full-year target for operating profit thanks to improving business at its bingo halls and casinos, the company’s new chief executive said yesterday. Lower customer numbers at Rank’s bingo halls had contributed to a 23 per cent fall in first-half profit, but a trading update from chief executive Henry Birch reassured investors that the picture has brightened in the second half.