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 [...]