Rank Group’s Mecca bingo brand has had a disappointing response to its experimental high street gaming venues which opened for business last year.
Full-year results for the period ending 30 June 2018 showed that Rank Group has so far struggled to offset the slowdown at its halls and casinos with increased online business.
Bingo players across the UK are counting down to a new version of the National Game, which comes into effect on 30 April and is expected to generate more than 5,000 weekly winners.
London-listed Rank Group Plc has issued a 2017/18 full-year profit warning, as adverse UK weather conditions have impacted its Grosvenor Casino and Mecca Bingo venues performance.
British online casino game supplier Rank Group is the latest firm to have struck a deal with Yggdrasil Gaming. The deal will see Rank acquire the Malta-headquartered company’s full portfolio of titles on its site.
Mecca Bingo has set about providing 18 to 35-year-olds with a “new reason to travel” after teaming up with P&O Ferries to launch the first Bonkers bingo-themed mini cruise.
The latest UK betting industry statistics were published by the Gambling Commission last week, and detailed a 1.4% decrease in the number of British bingo premises.
The Rank Group Plc’s quarterly trade statement has thrown up mixed results for the entertainment giant, with stagnating venue revenue contrasting with strong digital channel growth.
Hot on the heels of opening their first venue, Luda are planning an expansion into two other areas of England.