Bingo halls at risk if Burnham hikes taxes, Mecca Bingo owner warns Hospitality Britain’s “much-loved” bingo halls are at risk if the Andy Burnham commits to a £460m hike on gambling taxes, the owner of Grosvenor Casinos and Mecca Bingo has said. Richard Harris, chief executive of Rank Group, said on Thursday: “Tax proposals from anti-gambling campaigners continue to cast clouds over a regulated industry that is proud [...]
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Rank Group: Grosvenor casino owner posts strong profit as UK gambling reforms boost outlook Markets Grosvenor casino owner Rank Group has posted a sharp jump in profit on the back of double-digit growth across its venues and online arm, with fresh government gambling reforms set to boost future earnings. For the year to 30th June 2025, like-for-like net gaming revenue climbed 11 per cent to £795.3m, while underlying operating profit [...]
Rank: Grosvenor casino owner hits jackpot as laws relaxed May 14, 2025 Rank Group – the owner of UK-based chain Grosvenor casinos – is set to ramp up the number of gaming machines in its casinos after the government said it would relax gambling laws. Shares in the group soared nearly eight per cent on Wednesday morning. The firm said the government’s review of the 2005 Gambling [...]
Mecca Bingo owner Rank Group jumps 11% as digital growth continues April 10, 2025 Mecca Bingo operator Rank group posted a 10.9 per cent increase in like-for-like net gaming revenue (NGR) in the third quarter of its 2024/25 financial year, with digital and venue performance both contributing to the rise. According to Thursday’s latest trading update, group NGR hit £195.6m for the quarter to 31 March 2025. The company [...]