Rank Group in talks over potential equity raise
5th Nov 2020 07:53
(Sharecast News) - Mecca Bingo owner Rank Group confirmed on Thursday that it is in talks over a potential equity raise.
Read moreProfit at casino operator Rank dented by Covid
10th Sep 2020 08:19
(Sharecast News) - Casino operator Rank Group said on Thursday that full-year profit fell as the Covid-19 crisis dented revenues.
Read moreRank Group cash outflows to narrow with Mecca reopening
3rd Jul 2020 07:35
(Sharecast News) - Gambling operator the Rank Group announced on Friday that it was expecting a reduction in its monthly cash outflow, to £7m from £10m, as it prepares to reopen its Mecca Bingo venues.
Read moreGVC to receive £200m rebate after historic VAT ruling
21st May 2020 08:36
(Sharecast News) - Ladbrokes-owner GVC Holdings is on course to receive a £200m windfall after the government decided not to appeal a key ruling over historic tax payments.
Read moreWednesday broker round-up
29th Apr 2020 13:29
(Sharecast News) - Cairn Energy: Berenberg downgrades to hold with a target price of 130p.
Read moreRank scraps dividend as it furloughs 7,000 workers
20th Apr 2020 07:03
(Sharecast News) - Rank warned it would not pay its next dividend as the casino operator said 7,000 of its UK workers had been furloughed under the government's Covid-19 job retention programme.
Read moreRank warns of 'uncertain' impact of coronavirus on trading
17th Mar 2020 14:21
(Sharecast News) - Casino and bingo group Rank Group has warned of a slowdown in trading, and said it faced a potential multi-million pound hit after the UK government advised people to avoid leisure venues to combat the coronavirus.
Read moreRank Group confident in full-year as it integrates Stride
30th Jan 2020 09:26
(Sharecast News) - Gambling operator The Rank Group announced its interim results for the six months ended 31 December on Thursday, reporting that group underlying net gaming revenue grew 10% in the period to £377.5m, with underlying operating profit rising 70% to £55.1m, before the impact of IFRS 16.
Read moreRank Group raises expectations on underlying profit
16th Jan 2020 07:42
(Sharecast News) - Rank Group announced an increase in its profit forecasts on Thursday, following further positive trading in its digital operations and the Grosvenor and international venues businesses, underpinned by cost savings from its transformation programme.
Read moreFTSE 250 movers: Gambling stocks fall, TI Fluid Systems climbs
5th Nov 2019 14:06
(Sharecast News) - London's second-tier was 0.35% higher at 20,230.47 in afternoon trade on Tuesday, with Rank Group and William Hill leading the index lower.
Read moreGambling stocks lose out after MPs call for tighter curbs on online casinos
4th Nov 2019 12:12
(Sharecast News) - Gambling stocks came under pressure on Monday after an influential group of cross-party MPs called for tighter curbs on online casinos.
Read moreFTSE 250 movers: Capco jumps, Micro Focus falls
21st Oct 2019 12:58
(Sharecast News) - London's FTSE 250 was 0.58% higher at 20,345.80 in afternoon trade on Monday, with Capital & Counties leading the index higher.
Read moreRank Group pleased with first quarter performance as it integrates Stride
15th Oct 2019 07:40
(Sharecast News) - Rank Group announced that its group like-for-like net gaming revenue was up 10% for the first quarter ended 30 September on Tuesday, with total net gaming revenue up 9%.
Read moreRank Group annual profit drops, new chair appointed
22nd Aug 2019 07:59
(Sharecast News) - FTSE 250 gambling company Rank Group posted a drop in full-year profit on Thursday but sounded an optimistic note about the outlook, as it appointed non-executive director Alex Thursby as its new chair.
Read moreRank Group confirms takeover discussions with Stride Gaming
31st May 2019 07:50
(Sharecast News) - Gambling company The Rank Group responded to an announcement from AIM-traded Stride Gaming on Friday, after Stride said it was in discussions with Rank over a possible takeover.
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