Tag: Rank Group

The Upper Tribunal has dismissed HMRC’s appeal relating to the VAT treatment of fixed odds betting terminals (FOBTs) - write GBGC’s Lorien Pilling - which could lead to VAT refunds for the UK’s bookmakers.

Rank Group has reported its revenue for the second six months of 2018 fell 2.5 per- cent to $480.7m, following “venue declines” across its UK Grosvenor sites where takings fell by 3.9 percent. However, the company...

Rank Group PLC has acquired Spanish online bingo operator YoBingo.es for EUR52 million in cash, as part of the company's expansion plans. "The acquisition of the YoBingo Group expands Rank's digital footprint in Spain,” said Rank Chief Executive John O'Reilly.

Rank Group agrees multi-year Playtech Bingo renewal.   Mecca Bingo has agreed terms to renew its bingo and games contract with Playtech, further extending its longstanding relationship with the world’s leading Omni-channel gaming software, systems and services supplier. The multi-year agreement strengthens  a decade-long partnership between the Rank Group and Playtech. Playtech Bingo will retain its position as the exclusive provider of bingo...

The Director of Compliance and Responsible Gambling at Rank Group, Richard Wade, has been confirmed as the chair of the Cybercrime Security and Regulatory Compliance in Gaming session at ICE VOX.   Richard Wade, one of the industry leaders appearing at February's ICE VOX learning programme, has acknowledged the challenge facing the gaming industry if it is to keep one step...

The NYX Gaming Group has confirmed the launch of its titles across The Rank Group brands including Grosvenor Casinos and Mecca Bingo.   NYX Gaming Group has announced the go-live of casino content to The Rank Group Plc. Rank brands Grosvenor Casinos & Mecca Bingo have licensed NextGen Gaming content via NYX’s Open Gaming System (OGS) with the first games already...

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...

The two gaming groups have formed a consortium for a potential takeover of the bookies, but confirm that no formal approach has been made.   888 and Rank have confirmed that they have formed a consortium for a potential £3bn (E3.6bn) joint buyout of William Hill, after the departure of the firm’s CEO James Henderson last week, amid allegations he failed...

Rank CEO Henry Birch has set his sights on cornering the market with the company’s online casino brand Grosvenor Digital, telling investors that he’d like to up its market share to ten percent after its latest platform launch.   The CEO of UK-based bingo and casino group Rank has set out an “extremely ambitious” plan to secure ten percent of the...