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Rank plc Earnings Report
Friday May 22,2015 : DIGITAL CONTINUES TO BOLSTER RANK PLC REVENUES
UK land and online gambling group reports 5 percent rise in revenues in first five months of 2015.
Digital operations continued to make a strong contribution to the performance of the online and land gambling group Rank plc in the first five months of 2015, the company said in an interim management statement Thursday.
A strong performance from live casino and increases in both customers and spend per visit led to a 55 percent increase in digital revenues in this vertical in the 20-week period.
Digital has continued to improve its performance in the 20-week period, with revenue up 18 percent driven by higher customer retention, an improved mobile product offer and a successful TV campaign.
Group revenue overall rose 5 percent when compared with the same period a year ago, with online operations at Mecca bingo performing particularly well, with revenues up 18 percent the company revealed.
Group chief executive Henry Birch said: “The group's performance continued to improve in the 20-week period, with our digital channels performing particularly strongly driven by improvements in marketing, retail cross-over and product development.
“The improvement in Mecca's digital revenue seen in the last 20 weeks is especially pleasing, resulting in overall growth in the Mecca brand.”
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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