The Rank Group reported net gaming revenue of £216.1m for the three months ended 30 September 2026, up 5% on the same period last year, in a trading update the company issued on October 15, 2026. The quarter absorbed the higher UK gambling tax regime introduced in April 2026 and the closure of three venues.
Growth across most segments
Rank said in its trading update that digital NGR rose 6% to £64.9m, driven mainly by UK performance and strong results for Mecca Bingo online, with international digital up 4%. Grosvenor venues NGR grew 6% to £108.1m, with visits up 1% and spend per visit up 5%. Gaming machine revenue at Grosvenor grew 14%, table gaming rose 3% and electronic gaming rose 5%.
Enracha venues in Spain reported revenue of £10.9m, up 7% year on year, according to the company’s results. Mecca venue NGR was flat at £32.2m, which Rank attributed to hot weather in the UK over the summer.
Three venues closed
Rank closed three venues during the quarter, in Swansea, Reading Central and Sunderland, saying they were no longer economically viable in the medium term. The closures land as the company operates under the higher tax regime in force since April 2026.
Guidance pinned to tax stability
Rank said it expects operating profit for the fiscal year in line with market expectations, assuming no change in tax conditions. Chief executive Richard Harris used the results statement to press the case against any rise in Machine Games Duty ahead of the UK Budget, which is due within days.
“Speculation regarding the upcoming Budget continues to weigh heavily on investor sentiment, but our message has been clear: any increase to Machine Games Duty will increase costs, reduce venue viability, lead to venue closures and job losses, reduce tax receipts and halt investment,” Harris said in the results statement.
Harris also said HM Treasury recognised the sector’s economic arguments last year and that casinos and bingo clubs could play a role in the Government’s growth agenda under the right conditions. The update follows a £5m settlement Rank agreed with the Gambling Commission, confirmed on October 7, 2026, over a series of licence failures.
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