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Rank revenue stagnates in Q1 despite Grosvenor digital growth

17th October 2016 8:20 am GMT
Rank Group

London-listed casino and bingo operator Rank Group has reported flat revenue for the first quarter of its new financial year, with only the Grosvenor Casinos digital business posting year-on-year growth during the period.

Rank's like-for-like revenue for the 15-week period to October 9th was up 1 per cent, although total revenue remained at the same level as last year.

This was the result of a 7 per cent year-on-year increase in digital revenue, which helped to offset a 1 per [...]

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