Finance

Rank Group digital revenue rises 17% as operator reveals bingo reopening schedule

London-listed operator reveals post-Covid-19 revenue dropped by 40% in July trading update

Rank Group has revealed digital revenue rose by 17% year-on-year during Q4 as the operator confirmed the reopening of its UK bingo halls business. Updating shareholders, the London-listed operator confirmed underlying operating profit for the year ended 30 June 2020 is expected to be at the lower end of previous estimates of £48m-£58m after IFRS16…

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