Rank Group Plc has published its Annual Report and Financial Statements for the year ended 30 June 2025, reporting strong growth in revenue and profit compared to the previous year.
The Group’s Net Gaming Revenue (NGR) like-for-like reached £795.3 million, an increase of 11% year-on-year. Venue revenues amounted to £559.6 million, also up 11%, while the digital division delivered £235.7 million, up 10% on FY2024.
Underlying operating profit like-for-like stood at £63.7 million, up 38% compared with last year, while profit before tax rose sharply to £53.9 million, representing an increase of 248%. The Board has recommended a total dividend of 2.60 pence per share, compared with 0.85 pence in the previous financial year.
By segment, Grosvenor Casinos in the UK showed solid recovery, supported by growth in visits and customer spend. Mecca Bingo posted more moderate growth, aided by venue refurbishments and greater digital integration. The Group’s digital division achieved 10% like-for-like growth, with a strong performance in the UK, while operations in Spain remained flat due to capacity constraints in the bingo platform.
Operating costs rose during the year, driven by higher wages, increased tax obligations, and investments in technology, venue upgrades, and customer experience. Rank also highlighted the impact of upcoming regulatory changes in the UK, including limits on online slot stakes and the introduction of a statutory levy to fund research, education, and treatment. These measures are expected to reduce annual digital profitability by around £4 million.
The company stated it is well positioned to adapt to the new regulatory landscape and will continue investing in innovation, digitalisation, and venue refurbishment to strengthen its growth across its main markets.
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