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Review of Blue Square Bet business

10th Jan 2013 09:00

RNS Number : 2499V
Rank Group PLC
10 January 2013
 



 

10th January 2013

 

 Review of Blue Square Bet business

 

The Rank Group ("Rank" or the "Group") announces today that it is to undertake a review of its Blue Square Bet business. The business operates solely in the digital channel of the highly competitive sports betting market where it continues to generate an operating loss.

 

Rank intends to focus its resources on further developing Grosvenor Casino and Mecca as multi-channel brands meeting customer needs in gaming-based entertainment via venues, online and through mobile devices.

 

A further update will be provided in due course.

 

Ends

 

www.rank.com

 

Enquiries:

 

Blue Square Bet

Mark A Jones, managing director 020 7984 4955

 

The Rank Group Plc

Sarah Powell, investor relations 01628 504 3030

 

FTI Consulting

Marc Cohen 020 7831 3113

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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