Rank Group (LSE: RNK), the UK and Spain-based casino operator, disclosed a £182.3 million net gaming revenue for the quarter ending March 31, a 6% uptick from the previous year. Notably, Grosvenor venues saw a 3% rise in NGR to £80.0 million, driven by a 5% surge in visitations.
Mecca venues saw a notable 12% growth in NGR, attributed to increased customer visits and spend per visit, particularly during Mother’s Day and Easter weekends.
Digital NGR saw a 6% rise, with UK and Spanish sectors growing by 4% and 20%, respectively.
CEO John O’Reilly highlighted the positive trajectory and anticipates meeting expectations for the year ending June 30.
Rank Group will unveil its annual results on August 15.
Shares in Rank Group saw a 2.6% increase on Friday morning.
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