Rank sees gaming revenues soar as high-rollers return to casinos

In the UK, the gambling industry has witnessed a notable resurgence as invested efforts by Rank Group have successfully attracted high-rollers to its venues. During the third quarter, which concluded in March 2025, Rank reported a significant increase in net gaming revenues amounting to £90.4 million from their 51 Grosvenor casinos, representing a 13% rise compared to the same quarter from the previous year. This growth is largely attributed to the popularity of table gaming and electronic roulette, which have drawn more premium players back to the casinos. Additionally, Rank's digital division also contributed positively to the company's financial performance, recording a 15.4% growth to £58.4 million during the same period. This upward trend in digital engagement suggests that customers are increasingly opting for online gaming options, likely driven by advancements in technology and the need for accessible gaming experiences amid changing consumer habits. The company, which operates a total of 112 venues, including bingo halls and casinos, also reported encouraging results from its Mecca bingo operations. Their 52 Mecca bingo halls generated sales of £36.6 million, showing a modest year-on-year increase of 1.9%. However, there was a slight decline in customer visits, which dipped by 1.8%, indicating that while revenue per visit has increased, the overall footfall in the bingo halls has decreased slightly. Overall, the financial results underscore Rank's successful strategies to enhance customer experiences both in casinos and digital formats. By investing in their gaming offerings and adapting to market demands, they have made significant strides in facing previous challenges posed by changing regulatory environments and shifts in consumer preferences. The bounce-back in revenues reflects a robust recovery within the gambling sector as venues re-attract players who had previously diminished their visits or transitioned to online platforms during challenging times.