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February 19, 2024
Department of Trust set to transform safer gambling landscape with launch of first end-to-end financial risk platform.
July 25, 2023
Cristina Turbatu has been appointed as the new chief technology officer at online gambling operator Casumo.
July 20, 2023
Entain’s commercial finance director Sam Allanson is stepping down to take on the role of Rank Interactive’s chief financial officer.
November 27, 2022
The diverse content provider giant Light and Wonder has expanded into table games with keno.
May 10, 2022
/PRNewswire/ -- Game Play Network, Inc. (GPN) – the only company that allows casinos, sportsbooks, DFS and other gaming companies to expand their B2C real...
January 28, 2021
The Covid-19 pandemic has had a "seismic impact" on the casino industry, said Rank Group CEO John O’Reilly on releasing severely depleted half-year results. The group NGR was £177.6m compared with £391.8m in the comparative period of 2019/20, a 55 per cent drop. There was an operating loss of £52.9m compared with a profit of £55m and no dividend was proposed for the year. O’Reilly said: “There is no doubt that the impact of the Covid-19 pandemic has been far beyond anything we or an...
January 28, 2021
Rank Group records £42m interim loss as Covid drains venue performance Share March 22, 2021 Rank Group Plc has reaffirmed its confidence in being able to navigate the continued challenges that the COVID-19 pandemic has placed on its business . Publishing its H1 2020/2021 interim results for the six months ending 31 December 2020, Rank has recorded underlying group-wide losses of £42 million – representing a 171% swing on 2019/2020 profits of £59 million. As previously reported, the LSE ...
January 28, 2021
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January 28, 2021
28 January 2021 | 09:04am StockMarketWire.com - Casino operator Rank has reported a half year operating loss of £52.9 million pounds, owing to Covid-19 restrictions. The groups half year results reveal net revenue minus prize payments was £177.6 million, a 55% drop from the comparative period of 2019/2020. The ever-changing restrictions, coupled with curfews, which in particular have a seismic impact on our Grosvenor venues, have resulted in an exceptionally challenging first half for the g...
January 20, 2021
Push Gaming is a privately held online casino games creator that was formed in 2010, but really began to gather steam a few years ago. The company started out with repurposing land-based gaming content for online play, venturing into a niche that was seriously underdeveloped at the time. Its co-founders – James Marshall (serving as CEO) and Winston Lee (serving as COO) – believed their original operational model was an extremely sound one for a young, cash-strapped business. As the online g...