Friday, February 23, 2024

Tag: Grosvenor

Rank Group looks online after profits slashed by 40 percent

Revenues at Rank’s UK venues continued to tumble in the year to June while online sales are still nowhere near making up for the decline. Despite digital revenues lifting 9.9 percent in the period, higher employment costs and taxes (partly due to a change in the… to sponsor Goodwood’s Celebration Mile to sponsor Goodwood’s Celebration Mile has been unveiled as the new sponsor of Saturday’s Celebration Mile at Goodwood Racecourse. The Group Two Grosvenor Sport Celebration Mile is the highlight of Goodwood’s three-day August Bank Holiday meeting. It is a race steeped in history which has been won by the likes of Selkirk, Cape Cross and Raven’s Pass. Following Monday’s five-day confirmation stage, a total of...

Rank Group appoints Grosvenor & Mecca MDs

Betting Business, Rank, appointments,directors
Rank group has appointed two new managing directors to its Grosvenor Casino and Mecca Bingo brands.   FTSE-listed gambling operator Rank Group has announced two leadership appointments for its core assets, Grosvenor Casino and Mecca Bingo. Updating the market, Rank governance announced that Martin Pugh has been appointed managing director of its Grosvenor Casino division, having served as leader of Mecca Bingo from...

Global online gambling wagers to approach $1tn by 2021

Betting Business Juniper Research online gambling
The value of online gambling wagers will soar from just over $550bn (E490bn) this year to nearly $950bn (E850bn) by 2021, according to new data from UK-based Juniper Research. Juniper’s latest research found that gambling activities were increasingly migrating to the online environment, with the majority of net growth attributable to users of mobile channels. It also argued that new...