Rank reports 9% first-quarter revenue growth to £210.2m
Rank Group reported net gaming revenue of £210.2 million for the three months to 30 September, up 9% year on year. Digital revenue rose 13% to £61.6 million, while Grosvenor venues revenue increased 8% to £102.7 million. Chief executive John O’Reilly said the group remained on track to meet full-year expectations despite higher operating costs.
Digital and venue revenue growth supports Rank’s outlook, while higher operating costs remain a business consideration.