← Back to Newsroom

Rank Group posts strong profit as UK gambling reforms boost outlook

Thursday, August 14, 2025 8:32 PM
Photo: Shutterstock
  • Saskia Koopman, City AM

Grosvenor casino owner Rank Group has posted a sharp jump in profit on the back of double-digit growth across its venues and online arm, with fresh government gambling reforms set to boost future earnings.

Story continues below
EZ Baccarat top of story

For the year to 30th June 2025, like-for-like net gaming revenue climbed 11 per cent to £795.3m [$1.076bn], while underlying operating profit surged 38 per cent to £63.7m [$86.2m].

Statutory operating profit more than doubled to £67m [$91m], as investments in its Grosvenor casinos, Mecca Bingo halls and digital platform paid off.

The Maidenhead-headquartered group, which runs 152 venues in the UK, said Grosvenor revenues rose 14 per cent, with average weekly takings hitting £7.3m.