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Rank Interactive revenue growth outperforms parent company
Interim results released this week by the UK online and land gambling group Rank plc show that the group's interactive division has generated revenues double those of the parent group.
Group revenues over the 40 week period increased by 7 percent, whilst those of the interactive division, which includes Blue Square, Mecca Bingo and G Casino, grew by 15 percent.
Weeks 27 to 40 were particularly satisfying for the online interests, which achieved growth of 26 percent over this period following committed investment in marketing and site improvements. Sportsbook operations were especially rewarding, with revenues up 34 percent
Reporting on the internet operations, Management observed: “We note that the Government is still considering changes to the regulation of remote gambling in Great Britain. We have made it clear that we would support these measures so long as they are delivered within the context of a broader equalisation of regulatory and fiscal conditions for land-based operators.”
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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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