Rank Group has provided a snapshot into its commercial performance for the 2024/25 financial year amid a regulatory overhaul of the UK’s casino regulatory framework.
The firm, operator of Grosvenor Casinos and Mecca Bingo, shared that net gaming revenue (NGR) grew 11% to around £795m [$1.08b] between 30 June 2024 and 30 June 2025, leading the group to project underlying profit of £63m [$86m].
This is welcome news for the group, which has been navigating a tricky operating environment over the past couple years as the UK betting and gaming markets adjust to a new regulatory environment.
After the difficult trading years of the COVID pandemic (2020-21) and its aftermath, Rank Group began to return to positive trading in 2024. Its Q3 results for that year showed a march back towards profitability, which was finally confirmed as it commenced trading for the 2024/25 financial year with earnings of £15.5m.
