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LONDON (SHARECAST) - Casino to bingo gaming group Rank saw a small increase in like-for-like revenue in the 15 weeks to 14 December.
Revenue at Mecca Bingo was comparable to the same period a year earlier, with a 5% increase in spend per head offsetting a 5% decline in admissions.
The Spanish bingo clubs business continued to experience a difficult trading environment, and saw a 9% year-on-year decline in local currency. Admissions were down by 3% and spend per head was 6% lower.
The Grosvenor Casinos division saw like-for-like revenue growth of 4%, with spend per head up 16% while admissions were down 12% for all online casino sites.
The casino game online betting brand, Blue Square, increased like-for-like revenue by 1%, with income from the online bingo offering offsetting a decline in revenue from sports betting.
“Trading for the current financial year remains in line with market expectations,” the board said.
News Sources:-
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=2518394
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