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, [...]