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Rank Group returns to profit as Covid recovery continues

18th August 2022 11:56 am GMT
Rank Group
Greentube

London-listed bingo and casino operator Rank Group has reported a 95 per cent increase in net gaming revenue (NGR) to £644.0m in the year to 30 June, with the retail segment reflecting a gradual recovery from the Covid-19 pandemic.

On a like-for-like basis, which removes the impact of club openings, closures, acquired businesses, foreign exchange movements and discontinued operations, underlying NGR increased by 98 per cent year-on-year.

This comprised a 4 per cent increase in Digital underlying [...]

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