Rank: Grosvenor casino owner hits jackpot as laws relaxed Markets 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 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 [...]
Mecca Bingo owner Rank Group wins again with double-digit growth Mecca Bingo owner Rank Group has reported double-digit growth as UK patrons flock back to casinos and digital gambling channels. In an update to markets this morning, the London-listed gambling firm said group like-for-like Net Gaming Revenue (NGR) jumped 12 per cent to £197.4m, building on the momentum of a return to casinos. Venues NGR [...]
Mecca Bingo owner The Rank Group surges back to profit as people return to casinos August 15, 2024 The owner of Mecca Bingo, The Rank Group, has surged back into the black with profit that outstripped previous expectations. The London-listed group, which is headquartered in Maidenhead, saw its net gaming revenue grow by nine per cent year on year to £734.4m in the 12 months ending June 30, 2024, up from £671.4m in [...]