Rank Group PLC

The Rank Group expects its fiscal 2025-26 underlying operating profit to exceed expectations at a minimum of £76 million, driven by strong gaming revenue growth and disciplined cost management. Like-for-like net gaming revenue for the year rose 6% to approximately £834.1 million, with Grosvenor venues revenue up 3% to £98.3 million, Digital revenue up 12% to £63.9 million, Mecca venues revenue up 4% to £35.4 million, and Enracha venues revenue up 6% to £11.3 million. The company also anticipates a £5 million provision related to a proposed regulatory settlement with the UK Gambling Commission over historical compliance failings, which the regulator is minded to accept. Rank maintains its medium-term ambition of at least £100 million in operating profit and will report full results on August 13.