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Rank sees digital growth in Q3 but land-based struggles continue

5th April 2018 8:40 am GMT
Rank Group

Shares in UK casino and bingo operator Rank Group slumped by more than 14 per cent in London Thursday after the company revealed a disappointing performance from its land-based businesses during its financial third quarter ended April 1st.

Group revenue decreased by 2 per cent for the 13-week period compared to last year, after excluding the effects of club openings, closures and relocations.

While Rank's digital business continued to see growth, with revenue up 17 per cent, [...]

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