{"id":10637,"date":"2026-04-17T03:15:59","date_gmt":"2026-04-17T03:15:59","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/04\/17\/rank-group-reports-strong-q3-gaming-revenue-grows-5-to-205-4m\/"},"modified":"2026-04-17T03:15:59","modified_gmt":"2026-04-17T03:15:59","slug":"rank-group-reports-strong-q3-gaming-revenue-grows-5-to-205-4m","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/04\/17\/rank-group-reports-strong-q3-gaming-revenue-grows-5-to-205-4m\/","title":{"rendered":"Rank Group Reports Strong Q3, Gaming Revenue Grows 5% to \u00a3205.4M"},"content":{"rendered":"<div>\n<p>Rank Group reported another quarter of growth and kept its full-year profit outlook in place. Land-based venues stayed solid, digital added support, and management said current plans still support a higher earnings result for the year.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Q3 like-for-like net gaming revenue rose 5% to \u00a3205.4 million.<\/strong><\/em><\/li>\n<li><em><strong>Rank expects FY2025 to 2026 operating profit of \u00a368 million, above \u00a363.7 million a year earlier.<\/strong><\/em><\/li>\n<li><em><strong>Grosvenor, Mecca, digital, and Spain all posted revenue growth.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<h2>Land Based Growth Keeps Rank On Track<\/h2>\n<p>The clearest lift came from the venue side. Grosvenor Casinos brought in \u00a395.0 million in Q3 revenue, up 5%, and gaming machines led the gain with 10% growth after about 850 extra machines were added following UK rule changes. Rank is also building out in-person sports betting, with rollouts active in 38 of 50 venues and trial activity running in Luton, Leicester, and Reading.<\/p>\n<p>Across the group, like-for-like net gaming revenue for the three months to March 31 reached \u00a3205.4 million. For the first nine months of the financial year, revenue rose 6% to \u00a3625.2 million. Rank said it still expects like-for-like operating profit of \u00a368 million for FY2025 to 2026, ahead of the \u00a363.7 million posted in FY2024 to 2025. Management also repeated a medium-term target of at least \u00a3100 million in operating profit.<\/p>\n<p>Interim Chief Executive Richard Harris said:<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em>\u201cIt was pleasing to see continued revenue growth across all businesses and strong profit conversion in Q3, despite a tough macroeconomic backdrop. The results demonstrate the resilience of the business, the strength of the customer proposition, and the growth initiatives we have in place.\u201d<\/em><\/p>\n<p>Digital revenue rose 4% to \u00a360.9 million. UK digital only grew 2%, but Spain helped balance that with 14% growth. Even so, digital remains the part under most pressure after the UK Remote Gaming Duty went from 21% to 40%. Rank said the annualised hit before mitigation is about \u00a346 million.<\/p>\n<p>Management has already responded with cost cuts and contract changes. Headcount has been reduced, marketing and sponsorship spending has been lowered, and supplier terms have been renegotiated. At the same time, Rank kept spending in performance marketing and customer incentives, which shows the group is still trying to protect growth while trimming costs.<\/p>\n<p>Harris said:<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><em>\u201cHaving implemented the actions required to mitigate much of the impact of higher RGD in our UK digital business, and with clear plans in place to drive sustainable revenue growth, the group is well placed to deliver the medium-term objective of generating at least \u00a3100 million operating profit.\u201d<\/em><\/p>\n<p>Elsewhere, Mecca revenue rose 5% year on year to \u00a337.8 million. That business should also benefit from the end of bingo duty, which Rank expects will save about \u00a36 million a year and help drive double-digit operating profit growth. In Spain, Enracha posted \u00a311.7 million in revenue, up 9%, helped by a 27% rise from gaming machines.<\/p>\n<p>Rank did flag one outside risk. The company said conflict in the Middle East creates ongoing uncertainty around international travel. Even so, it still expects revenue growth to continue in Q4.<\/p>\n<p>Outside analysts gave a mixed but constructive read. Regulus Partners said Rank needs to keep backing its land-based estate while avoiding a weak online product, adding:<em>\u201cThis will require investment more than mitigation.\u201d<\/em> Peel Hunt said: <em>\u201cWe could upgrade our forecasts by more, but we remain uncertain about the impact of increased UK remote gaming duty. However, we still see a clear route to over \u00a3100m of operating profit as investments continue to pay off.\u201d<\/em><\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/rank-group-reports-strong-q3-gaming-revenue-grows-5-to-205-4m\/\">Rank Group Reports Strong Q3, Gaming Revenue Grows 5% to \u00a3205.4M<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rank Group reported another quarter of growth and kept its full-year profit outlook in place. Land-based venues stayed solid, digital added support, and management said current plans still support a higher earnings result for the year. Good to Know Q3 like-for-like net gaming revenue rose 5% to \u00a3205.4 million. Rank expects FY2025 to 2026 operating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10637","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10637"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10637\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}