Rank Group reached a net gaming revenue of £195.6m in the quarter ending March 31, a 10.9 per cent growth year-on-year.
The vertical which showed the biggest growth was digital, which was up 15.4 per cent on the previous year at £58.4m. Revenue from Grosvenor venues grew 13 per cent to £90.4m, while revenue from Mecca venues grew 1.9 per cent to £36.6m, and Enracha venues grew 4.1 per cent to 10.2m.
"Since announcing our interim results in January, we have continued to deliver strong growth and expect to deliver group like-for-like operating profit for the full year in line with expectations,” said chief executive John O'Reilly. “This is notwithstanding the uncertain economic environment and the significant cost and regulatory headwinds that we face from the start of [the next quarter, starting April 1,2025].
“We expect the government to publish the statutory instruments for land-based casino reforms in the coming weeks and anticipate the roll out of additional machines and sports betting to commence during the summer.
“A big thank you to my colleagues across the Rank Group for their continued commitment to enhancing the experience for our customers."
