Rank Group release latest Trading Statement
By Simon Wright, Last updated Feb 23, 2021
The Rank Group plc who number the Grosvenor Casinos among their brands have released their latest trading statement for the quarter ending September 2019, that has just passed. In doing so the figures show a like-for-like net gaming revenue (‘NGR’) increase of 10% for the quarter, with total NGR across all verticals up by 9%.
Chief Executive Officer of Rank Group plc, John O’Reilly, commenting on the latest figures, said: “We are pleased with the growth achieved across our businesses in this key part of our financial year, as well as with the ongoing progress we are making with our transformation programme.”
“The acquisition of Stride marks a pivotal moment in the development of our digital offering and having completed on 4 October 2019, we are now starting the execution of all our plans for integration and delivery of synergy benefits.”
The company will be announcing their interim results on 30th January next year.
Simon Wright has been both a player and an observer of the online casino industry for over 15 years. His knowledge of the online casino industry – to include sports is massive. Not many folks have the experience or his knowledge about online gambling. His adoration of football is also noted. He has painted his house blue (Chelsea) and annoys his neighbors with local football songs on game days.
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