Finance

Rank digital revenues up 13.5% in spite of UK issues

Spanish YoBingo brand drives group revenues as UK online profits are hit by source of funds checks

Rank this morning reported a 13.5% increase in group online revenues, driven by a 46% rise in revenues from recently-acquired Spanish brand YoBingo. In a trading update this morning, the operator reported a 1.7% rise in group revenues for the 16 weeks to 14 October, excluding YoBingo. In the UK, Grosvenor’s online revenues slipped 5.2% after being hit by stricter…

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