Rank reports 9% revenue growth to £734.4m for 2023/24
Rank Group reported underlying net gaming revenue of £734.4 million for the year to 30 June 2024, up 9% year on year. Underlying operating profit rose 131% to £46.5 million, while venue and digital revenue increased by 8% and 12% respectively. Rank said it was positioned for planned UK legislative changes affecting land-based bingo and casinos.
Investors can compare Rank’s reported growth with its stated readiness for planned UK land-based reforms.