Rank Group revenue hits £182.3m in Q3

Home » Rank Group revenue hits £182.3m in Q3

The Rank Group reached £182.3m in net gaming revenue for the quarter ending March 31, 2024, a six per cent increase year-on-year.

Mecca venues showed the largest year-on-year growth at 12 per cent, reaching £37.3m, which Grosvenor venues brought in the highest total at £80m, a three per cent year-on-year increase.

Enracha venues brought in £10m – a nine per cent increase – while digital brought in £55m – a six per cent increase.

Rank has also entered an agreement to sell its holding in Passion Gaming, an Indian online rummy business, for a nominal consideration.  The disposal is expected to complete in the coming weeks.

“We continue to make good progress across both our venues and online businesses, with Q3 trading very much in line with the board’s expectations,” said chief executive John O’Reilly.

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“Performance continues to improve, and we have the very important land-based reforms from the Government’s White Paper to look forward to, which we hope to start implementing in the coming months.”

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