April 15, 2026 3 min read

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Rank Group Highlights Growth Across the Board in Q3 Report

Rank Group said that based on the current performance, it now expects full year underlying LFL operating profit to reach at least GBP 68 million ($92.1 million)

Rank Group, a gambling company based in the United Kingdom, just published its report for the third quarter of the fiscal year (the three months ended March 31, 2026). The report highlighted stable growth across all divisions, demonstrating the strength of Rank Group’s business.

Rank Group Highlighted Q3 as a Strong Period for Its Business

In its official report, published on April 15, the group stated that its net gaming revenue (NGR) for Q3 reached GBP 205.4 million ($278.3 million), marking a stable increase of 5%. On a year-to-date basis, on the other hand, the company’s NGR reached GBP 625.2 million ($847.1 million), up 6% year-on-year.

A breakthrough of the performances of the company’s various divisions shows that the Grosvenor venues division was responsible for GBP 95 million ($128.7 million) of the Q3 2025/26 NGR, up 5% YOY. On a YTD basis, the Grosvenor division recorded GBP 299 million ($405.1 million) in NGR, up 6% YOY.

Rank Group noted that its Grosvenor venues continued to enjoy strong visitation despite the continued uncertainty around international travel. It added that, at a product level, gaming machines were the fastest-growing vertical, experiencing a 10% increase, with additional room for growth.

Mecca venues, on the other hand, reached Q3 NGR of GBP 37.8 million ($51.2 million), up 5% YOY. On a YTD basis, the segment achieved NGR of GBP 107.6 million ($145.8 million), marking a 5% increase. The group noted that Mecca venues are on track to deliver double-digit operating profit in the 2026/27 fiscal year, underpinned by the recent abolition of Bingo Duty.

Enracha venues, meanwhile, recorded GBP 11.7 million ($15.8 million) in Q3 NGR, as well as GBP 34 million ($46.1 million) in YTD NGR. These figures represent year-on-year growth of 9% and 7%, respectively. The company attributed the strong growth to the strong performance in gaming machines (up 27%).

Last, but not least, the Digital division saw its NGR reach GBP 60.9 million ($82.5 million), up 4% YOY. On a YTD basis, the digital segment saw its NGR grow 6% to GBP 184.6 million ($250.1 million). While growth in the UK was slower at 2% due to the impact of the recent increase in gaming taxes, the segment experienced growth of 14% internationally.  

Rank Group Bullish on Medium-Term Objective

Rank Group said that based on the current performance, it now expects full year underlying LFL operating profit to reach at least GBP 68 million ($92.1 million). The company added that this figure takes energy cost volatility into consideration, although, as things stand now, it is not expected to have a material impact on profitability this year or the next.

In the meantime, Richard Harris, interim CEO of the group, commented on the results, saying that he was pleased to see the company’s revenues grow across the board, despite the broader macroeconomic headwinds.

The results demonstrate the resilience of the business, the strength of the customer proposition and the growth initiatives we have in place. 

Richard Harris, interim CEO, Rank Group

Harris added that the company’s clear plans for sustainability set it on track to reach its medium-term objective of at least GBP 100 million ($135.5 million) in operating profit.

Rank Group concluded that its preliminary results for FY 2025/26 will be announced on August 13, 2026.

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