Rank raises full-year profit guidance to at least £63m
Rank Group said it expects underlying operating profit of at least £63m for the year ended 30 June 2025, after like-for-like net gaming revenue rose 11%. The company said casino reforms take effect on 22 July and it will seek licence variations from local authorities in England and Wales before rolling out additional machines at Grosvenor venues.
Rank's forecast and planned licence applications indicate potential changes to its casino operations in England and Wales.