Tuesday, November 30, 2021

Tag: john o’reilly

Rank CEO urges return of “logic” in regulation

Rank John OReilly
Rank Group CEO John O’Reilly has urged legislators to recall the “logic” which prompted the 2005 Gambling Act, warning against the impact of “rabid extremes” in decision making.

Rank returns to form with retail growth

Rank retail growth financials
The Rank Group has reported a 69 percent increase in NGR for the first quarter of 2021/22, as retail revenue is bolstered by “an excellent response” from casino and bingo customers.

Machine investment driving increase in spend per visit at Mecca

Rank Group machine investment Mecca Bingo
A month after publishing its pandemic-affected preliminarily results, Rank Group published its annual report that revealed the recovery of its Mecca brand is underway with a focus on Cat B3 and C helping to increase expenditure per visit by 20 percent.

Let us entertain you: Rank calls for “much-needed regulatory modernisation”

Rank Group call for modernisation gambling legislation
Rank Group has called on the government to introduce a “programme of modernisation” for land-based gaming venues as part of the review of the 2005 Gambling Act, which it believes “could be realised through secondary legislation.”

Rank Group quarterly revenue drops 72 percent

Rank records worst quarter revenues
Rank recorded one of its worst quarters as land-based operations saw revenues drop 98 percent for the opening three months of the year. And the gaming giant had no doubts how this happened, citing “illogical” goverment responses to Covid. “Clumsily and inadvertently caught up in misdirected measures”, CEO John O’Reilly has moved on from the blame game. Focus is now fixed firmly on May 17.

Business chiefs dub lockdown 2.0 “final death blow” for British economy

business chiefs British economy warning
A number of leading voices within British business have said that a second lockdown could leave the country on the brink of financial disaster. And they should know.

Mecca Bingo explains Bolton coronavirus oversight

Mecca Bingo Bolton
Mecca Bingo has responded to reports of an alleged breach in the coronavirus rules at its club on Ormrod Street, in the infection hot spot of Bolton.

Bingo players are getting younger as Covid fears keep 70-year olds at home, states Rank boss

Rank CEO John O'Reilly Bingo
According to John O’Reilly, chief executive of Rank Group, the number of Mecca Bingo customers aged 70 has dropped by 60 percent with older players opting to stay at home during the pandemic amid continued health concerns and anxiety as the virus disproportionately impacted older members of society.

Rank steadies the ship with government aid and Linneweber victory funds

Rank Group Mecca Bingo HMRC VAT
A new statement from the Rank Group has praised “tremendous” government relief efforts, which the company says have proved invaluable in shoring up the company through tough times.

Rank Group H1 figures boosted by Stride bingo acquisition

Rank Group figures
Mecca and Grosvenor owner the Rank Group has reported a 14 percent increase in NGR for the last six months of 2019, with the October acquisition of Stride Gaming adding an £18m boost to its half year figures.

Rank begins to turn the ship around under O’Reilly’s command

Mecca signage Rank Group
Following the implementation of a transformation programme last December, Mecca and Grosvenor operator Rank has began to see the results of CEO..

Acknowledging the need for change in Rank

John O'Reilly
As the Rank Group posts disappointing financials for the past twelve months, its new helmsman John O’Reilly lays out how he plans to right the ship for the years ahead. You have now been in the business for four months, what have been your first impressions? JO: Since joining I have been made to feel very welcome and I have met...