Rank announces review of operations Of Bluesquare


January 10, 2013 : BLUE SQUARE BET UNDER THE MICROSCOPE?
 
Parent group Rank announces review of operations
 
Loss-making online sports betting operation Blue Square Bet is to go under the microscope following Thursday's announcement from parent group Rank that it is to undertake a review of the subsidiary.
 
The business operates solely in the digital channel of the highly competitive sports betting market, where it continues to generate an operating loss, a statement from Rank advised.
 
"Rank intends to focus its resources on further developing Grosvenor Casino and Mecca as multi-channel brands meeting customer needs in gaming-based entertainment via venues, online and through mobile devices," the statement concludes.