Confidence boost for Rank Group
15th January, 2010
All it takes to boost the morale and confidence of an online casino gambling group is to have consistently high revenues and growth, easy right? Well apparently for The Rank Group, this has been something that’s been easy for them for the past few years, making headline industry news with their consistent growth in both size and revenue.
The positive growth has overlapped from the end of 2009 into the New Year with Investors and other industry players including online casino groups looking at the future of The Rank Group and showing belief in it’s prosperity which is shown through the increase in stock values within the first few weeks of this year.
The most surprising news, however, is that the sector most responsible for The Rank Group’s successful growth has been its land based casino’s, among other online gambling divisions doing well too. The land based casino industry is still recovering from the UK smoking bad enforced several years ago.
The Rank Group saw quite a successful period with its online poker and bingo divisions, with sports betting being the only disappointing result.
By Chris M
