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Rank targets more online crossover from UK venues amid higher gambling taxes

Deals & M&A

Rank Group chief executive Richard Harris said the company is seeking to bring its UK venues and online operations closer together as higher taxes weigh on digital gambling profitability. He cited the MyMecca app as an early step and said it had led to a strong increase in digital sign-ups; Rank is also applying a more disciplined approach to investment.

Rank is linking venues and online operations as higher taxes weigh on digital profitability, with its app supporting digital sign-ups.

End-of-day close Rank Group (RNK), GBp, to 30 October 2026
Story date3 August 202630 October 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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Deals & M&A

Rank Group reports FY26 revenue growth and proposes £5m Gambling Commission settlement

Rank Group reported like-for-like net gaming revenue of £834.1 million for the year ended 30 June 2026, up 6% year on year, and said underlying operating profit would be at least £76 million. The company also proposed paying £5 million in lieu of a financial penalty following a Gambling Commission investigation into operations from November 2024 to May 2025; the settlement remains proposed.

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