No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
2016 Rank plc released its full year results
RANK PLC REPORTS A POSITIVE YEAR
But performance impacted by higher digital operating costs and a weak fourth quarter at Grosvenor casino venues.
The UK land and online gambling group Rank plc released its full year results to end-June Tuesday, claiming continued like-for-like revenue growth across all brands and channels. However, analysts noted that the group operating profit before exceptional items at GBP 82.4 million fell 2 percent, impacted by higher digital operating costs and a weak fourth quarter at Grosvenor casino venues.
Key highlights of the report included:
* Continued like-for-like growth across all brands and channels, with Group like-for-like revenue up 2 percent at GBP 753 million;
* Group EBITDA before exceptional items and Remote Gaming Duty up 2 percent at GBP 139.8 million;
* Continued strong digital revenue growth, up 11 percent; with online revenue at Grosvenor up 37 percent.
* Adjusted profit before tax up 4 percent at GBP 77.4 million;
* Profit before taxation but after exceptional items was up 15 percent at GBP 85.5 million;
* Meccas retail bingo growth continues, with revenue up 2 percent;
* Debt levels further reduced from GBP 52.9 million in the preceding year to GBP 41.2 million in 2014-2015;
* UK digital brands migrated to new digital platform in Q3 2015/16, on time and within budget;
* Dividend growth with dividend per share of 6.50p, up 16 percent year-on-year
* Adjusted EPS up 5 percent.
Henry Birch, chief executive, said the groups performance in the year represented a solid set of results with group revenue up 2 percent, again recording like-for-like growth across all brands and channels in the year.
"This year we have focussed on delivering significant projects to ensure we have the right platform in place for future growth. This included the migration of our digital business onto a new platform, the rollout of an improved retail casino management system and investments into new generation machines in both our casino and bingo venues," he said.
"At the same time we have delivered a substantial increase in the dividend to our shareholders. Rank remains in a strong financial position, possesses market-leading brands and has a clear strategy for long-term growth.
The reports notes that:
Group revenue is before adjustment for customer incentives; Group EBITDA is operating profit before exceptional items, depreciation and amortisation;
adjusted profit before tax is profit from continuing operations before taxation adjusted to exclude exceptional items, the unwinding of discount in disposal provisions and other financial gains or losses.
It also notes that adjusted EPS is calculated by adjusting profit attributable to equity shareholders to exclude discontinued operations, exceptional items, other financial gains or losses, unwinding of the discount in disposal provisions and the related tax effects;
"The directors believe that exceptional items and other adjustments impair visibility of the underlying performance of the Groups business and accordingly, these are excluded from our non-GAAP measurement of Revenue, Profit Before Tax, EBITDA, Operating Profit and Adjusted EPS," the report notes.
Regarding the potential of digital operations, the company statement asserts:
“In 2015-16, our digital operations generated 13 percent of group revenue whereas digital channels now represent around 39 percent of Great Britains gambling market (excluding National Lottery). This presents a significant growth opportunity.
“We are in the process of enhancing our capability in this area such that we can meet the changing needs of our customers and capture a greater share of the digital market.”
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.