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Rank Group cuts costs and renegotiates supplier deals amid UK tax rise

Deals & M&A

Rank Group reportedly plans to reduce headcount and above-the-line marketing spending, and renegotiate supplier partnerships, to mitigate a rise in remote gaming duty to 40%. The report also says the company is protecting performance marketing investment and customer bonusing.

Rank’s planned changes may affect suppliers and marketing activity as it responds to higher remote gaming duty.

End-of-day close Rank Group (RNK), GBp, to 29 May 2026
Story date2 March 202629 May 2026

Latest reported results

Rank Group LSE: RNK

Financial year ended 30 June 2026

Revenue
GBP 835.0m
Operating income
GBP 77.6m

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