Ranks cashes in with Grosvenor

Ranks cashes in with Grosvenor
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Ranks cashes in with Grosvenor

Half year results to the end of December show that Rank Group, which comprises of Grosvenor Casino’s, Mecca Bingo, Blue Square and Top Rank Espana, saw revenue growth of 5% to £312m, however the company’s adjusted pre tax profit was down 4% due to higher marketing costs for Blue Sq and higher operating costs for Mecca.

Grosvenor Casino’s, currently the 2nd largest operator in the UK, soon to be the largest, saw total revenues of £144.5m up 12.8% on the half year, spend per visit is up 12% on the previous year.

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