Rank trading Update
Rank trading update The top line Group GGR was up 69% YoY to £163.1m with Grosvenor venues up 209% YoY to £79.2m, Mecca venues up 41% to £34m and the Spanish Enracha business up 20% to £6.5m. UK digital returned to growth, up 4% to £38.2m while international digital was up 11% to £5.2m. FY22 […]
Rank hit hard by the pandemic storm
Rank FY The top line Underlying net revenues dived 50% to £288.2m, tipping the company into an operating loss of £84.5m. Grosvenor Casinos saw a 71% fall in NGR, Mecca Bingo was off by 57%, international venues was down 35% and digital NGR was down 6% to £136.3m. As of the end of June, Rank […]
888 signals ‘return to normality’
888 trading statement The top line B2C revenues up 11% YoY to $247m, B2B down 13% to $10m, total revenue up 10% to $257m. Regulated markets now represent 74% of group revenues from 73% in prior year, with growth in UK, Italy and Spain among others helping to offset falls in Germany. Sport was the […]
Las Vegas Q2 preview
The beat goes on: Analysts are confident Las Vegas Q2 volumes will beat market expectations in the next few weeks. With May GGR on the Strip up 26.7% on May 2019 and up 35.6% MoM to $655.5m, analysts at Macquarie said their survey of Las Vegas operators pointed to “Q2 beats and continued momentum” for […]