Rank Group hits 9% rise in Q2
Rank Group announced its Q2 results, highlighting the rise of its operating revenues to 9%.
The Rank Group plc, a gambling company based in the United Kingdom, shared its Q2 2024 results, highlighting its operating revenues of £734.4m up from £671.4m for the same time in 2023.
Rank Group CEO John O’Reilly commented about this year’s performance, highlighting it as a year of “strong financial progress.”
He said:
“We are well-positioned to take advantage of the much-needed land-based reforms which will help to further modernise our casino and bingo propositions to better meet the expectations of today’s customers and we look forward to the Government confirming the timetable for the required secondary legislation.”
The company has started the new financial year with the same positive momentum that characterized the end of the previous one. With inflation receding, disposable incomes improving, ongoing investment in the customer proposition, and a strong pipeline of growth initiatives, the company is confident in the prospects of the Group.