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Rank Group hit by €7.1m payment fraud at Spanish units

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Rank Group hit by €7.1m payment fraud at Spanish units

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The latest update is out from Rank Group plc ( (GB:RNK) ).

The Rank Group Plc has disclosed that its Spanish gaming businesses, Enracha and Yo, have fallen victim to a payment fraud totalling approximately €7.1 million. The company has reported the incident to law enforcement, is cooperating with official investigations and has launched its own internal probe with the assistance of an external law firm. Rank plans to treat the financial impact of the fraud as a Separately Disclosed Item in its 2025/26 results, signalling that it regards the event as exceptional and non-recurring in the context of its underlying operational performance.

The most recent analyst rating on (GB:RNK) stock is a Hold with a £114.00 price target. To see the full list of analyst forecasts on Rank Group plc stock, see the GB:RNK Stock Forecast page.

Spark’s Take on GB:RNK Stock

According to Spark, TipRanks’ AI Analyst, GB:RNK is a Neutral.

Rank Group plc’s overall stock score is driven by strong financial performance and a solid valuation, offset by bearish technical indicators and mixed corporate events. The company’s financial stability and growth plans are positive, but the recent UK budget changes and technical analysis suggest caution.

To see Spark’s full report on GB:RNK stock, click here.

More about Rank Group plc

The Rank Group Plc is a UK-listed gaming and leisure company whose operations include Spanish businesses Enracha and Yo, which provide gambling and entertainment services in the Spanish market.

Average Trading Volume: 473,089

Technical Sentiment Signal: Sell

Current Market Cap: £493.7M

Find detailed analytics on RNK stock on TipRanks’ Stock Analysis page.

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