Industry
December 10, 2020
Chew Seong Aun Named Rank Group Non-Executive Director
UK-based Rank Group Plc has announced that Chew Seong Aun will succeed Tang Hong as non-executive director. Aun Succeeds Company Veteran Cheong UK-based gambling market leader and LSE-listed Rank Group Plc announced on Thursday that CFO Chew Seong Aun will succeed Tang Hong Cheong as the company’s non-executive director. Mr. Aun is an expert in […]
Casino
October 29, 2020
Kindred Group to Acquire Casino Blankeberge in Belgium
The Rank Group Plc reached an agreement with Kindred Group to sell its Blankeberge Casino in Belgium. The £25 million acquisition is expected to be completed in Q4 2020. Kindred to Acquire Blankeberge Casino from Rank Group The leading online gambling operator Kindred Group has announced it will acquire 100% of the shares in Blankenberge […]
Business
September 12, 2020
Rank Gambling Group Urges London to Revitalize As Profits Continue to Plummet
The Rank Group, which owns numerous gambling establishments in the UK, has suffered a sharp drop in profits at its Grosvenor Hotel and Casino locations within the capital. Even though the casino has been given the go-ahead to reopen, revenues are trailing behind last year’s numbers reaching only 40% of the expected amount. Other casinos […]