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UK – Key metrics down for Rank in ‘challenging year’

The Rank Group has reported a 41.4 per cent fall in profit before tax to £46.7m for the financial year ending 30 June 2018 with revenue dropping by 2.3 per cent to £738m. Rank said it was a ‘challenging year for Grosvenor’s casinos hit by low win margin, enhanced due diligence and extreme weather hat…

UK – Rank appoints former Ladbrokes and Gala digital expert as new CEO

Rank Group, the British operator of casino brand Grosvenor and bingo brand Mecca has appointed John O’Reilly to its board as Chief Executive Officer with effect from 7 May 2018. Mr. O’Reilly will replace Henry Birch, whose resignation will become effective from the same date. He will bring over 25 years of experience in the…

Rank – Tighter controls take a hold of Rank’s revenues

Rank said that tighter regulations on money laundering alongside a drop in play at its bingo halls brought its full-year profits down. Like for like revenues were up one per cent over the year with the group reporting overall revenues of £754m compared to £743.9m. Rank highlighted the effects of ‘more stringent customer due diligence…

UK – Mecca Bingo brand extends Playtech bingo and games partnership

Mecca Bingo has agreed terms to renew its bingo and games contract with Playtech, further extending its longstanding relationship with the world’s leading Omni-channel gaming software, systems and services supplier. The multi-year agreement strengthens a more than a decade-long partnership between the Rank Group owned brand and Playtech, the leading supplier of bingo software, content…

UK – Rank’s operating profit down by five per cent

British operator Rank Group saw its operating profit drop by five per cent during the first half of the fiscal year due to increased inflationary and employment costs. Operating profit dropped to £59.7m with the introduction of the national living wage, increased property costs and general cost inflation being highlighted as reasons for the decline…

UK – NYX Gaming goes live with Rank

NYX Gaming 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 award-winning Open Gaming System (OGS) with the first games live already; other games available on OGS and authored by quality third parties are also available. This partnership…

UK – IWG partners with Mecca to provide new dedicated portfolio

IWG, a suppler of online, instant win games, has signed a deal with Mecca, part of the Rank Group, to populate an entirely new Instant Win suite of games. The portfolio will initially launch with 10 games, including Slingo and Cashbuster, which will be delivered through IWG’s RGS. IWG has provided a full online instant…

UK – Organic growth not enough as Rank looks for M&A opportunities in digital

Having had a joint bid for William Hill kicked into touch, British bingo and casino operator Rank Group has said it is still open to expanding its online division through merger and acquisitions. Rank had partnered with 888 Holdings to bid for William Hill but has now given up on its takeover having failed to…

UK – Mecca adds more Playtech content to Max handhelds

Playtech has added three of its biggest Omni-channel slot titles to Mecca’s 12,000 Mecca Max handheld tablets across its 87 UK bingo clubs. The addition of Playtech Omni-channel title Fortunate 5 – also available on terminals within Mecca Bingo’s clubs – Bounty and the Beanstalk and branded game Who Wants to be a Millionaire comes…