Connect with us

Industry News

The Rank Group improves revenue in H2

Niji Narayan



The Rank Group improves revenue in H2
Photo Source:
Reading Time: < 1 minute


The Rank Group has announced its interim results for the last six months, showing an increase in revenue from £366m to £375m.

The result shows an improvement in digital revenue in the period, with Mecca Bingo and Grosvenor Casinos continuing to grow customer volumes.

John O’Reilly, chief executive, said: “The first half of our financial year has been a tough trading period. I am, however, encouraged by the group’s improved performance in H2. The three-year transformation programme that we outlined at our full-year results in August 2018 is now well under way with nearly 300 initiatives identified and tasked. The programme will gain further momentum in H2 2018/19 and the management team is positive about what can be achieved.”

“While there is lots to be done to deliver the revenue improvements and cost efficiencies identified, I am confident in the outlook for Rank and excited about the opportunities that exist”, he added.

NSoft at ICE2020

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author


Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.