Rank Shares Drop - Old News Archive
|
|
Tweet |
|
Posted On: Saturday, 13 October, 2007
Rank's shares have taken a bit of a tumble to hit their lowest point in almost 20 years. Bloomberg reports that the company behind the Mecca Bingo chain's shares have slipped 21%. The impact of the smoking ban and the change in gaming machines brought in with the 2005 Gambling Act have contributed to a drop of sales at Mecca's clubs of 5%. The Rank Group's trading statement offers a gloomy forecast for the future but it's not all bad news. The online BlueSq arm of the business has enjoyed a growth of 38%. The company is investing in the future with a number of outdoor areas and other electronic based solutions planned for the smokers out there.
No Comments
Comments are now closed on this post
Previous Posts
- Playing Bingo At The 2nd Online Bingo Summit Featu...
- Bingo Association Report On Social Interaction
- Jackpot Joy Win Online Bingo Operator Of The Year
- UK Bingo Players Arrested In Turkey
- Gala TV One Year Old This Week
- Felixstowe Bingo Hall One Of The Best In UK
- And A Quick Bingo News Round Up
- The 2nd Online Bingo Summit A Great Success
- First Two Regional Finals Won In Calling Competiti...
- Russell Grant Joins Jordan At Foxy Bingo
Old news blog archive: 2005 | 2006 | 2007 | 2008 | 2009 | 2010 |
|
|
Tweet |
|
