Rank Interactive Online Gaming Shows Positive Growth

Published Friday, October 08, 2010 - Online-Casinos.com

The Rank Group is headquartered in England U.K. and was established in 1995.
The company acquired the Blue Square gaming business in 2003 and divested it's self of the Rank Organization's movie interests and started to concentrate on the gaming business primarily in the U.K. The company has just announced it's interim results show that the group's interactive division has generated revenues double those of the parent group.

The product suite offered by Blue Square has grown from its traditional bookmaking business to offer all aspects of the gaming market including online casino games, slots, online poker, and others. The fixed odds betting services covers many channels including the interent interactive television and telephone. Blue Square started in-running betting followed by online Snail and Hamster Racing, although subsequent events featuring Alligators and Turkeys allegedly attracted the interest of animal rights activists and The Vegetarian Society respectively.

Grosvenor Casinos is also owned by the Rank Group and is a UK based chain of over thirty land based casinos located in major towns and cities across the UK with two sister casinos located in Belgium. 
In December 2006 the Grosvenor UK Poker Tour was announced in association with Blue Square. The Tour consists of 11 events throughout Grosvenor casinos in the UK, culminating in a Grand Final at the London Victoria Casino.

Mecca Bingo is another of Rank Group's gambling offerings that has revealed some growth. Group revenues over the 40 week period increased by 7 percent, while the interactive division, which includes Blue Square, Mecca Bingo and G Casino grew by 15 percent. Online interests, achieved  a 26 percent  increase over the last period. Sport Betting operations revenues were up an impressive 34 percent.

A spokesperson for Rank Interactive said, Reporting on the internet operations, Management observed: "We note that the Government is still considering changes to the regulation of remote gambling in Great Britain. We have made it clear that we would support these measures so long as they are delivered within the context of a broader equalisation of regulatory and fiscal conditions for land-based operators."

 

 

 

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