RNK The Rank Group Plc

72.90GBp-0.95%Mkt Cap: 368.96M $P/E: 12.15

The Rank Group Plc, together with its subsidiaries, engages in provision of gaming services in the United Kingdom, and Europe. The company operates through Grosvenor Venues, Mecca Venues, Digital, and Enracha Venues segm…

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Hike in gaming machine tax could put third of venues at risk, warns Rank

The casino and bingo hall operator said a touted increase in the duty to 40% would make a number of its venues ‘unviable’.

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The Rank Group H2 Earnings Call Highlights

The Rank Group (LON:RNK) reported higher full-year revenue and operating profit, supported by growth across its digital, casino and bingo operations, while outlining plans to moderate capital spending and pursue further growth in casino-led and bingo-led gaming. Like-for-like net gaming revenue ros

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