Rank Group plc (GB:RNK) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Rank Group plc reported a robust start to its financial year, with a 12% increase in net gaming revenue reaching £197.5 million for the first quarter. Digital gaming saw a significant boost with a 15% rise, while the company’s Grosvenor venues experienced a 13% growth, driven by higher customer spend per visit. These results reflect the company’s ongoing momentum and improvements in both their land-based and digital offerings.
For further insights into GB:RNK stock, check out TipRanks’ Stock Analysis page.