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The Rank Group (RNK) is an international leisure and entertainment company headquartered in the UK. Founded in 1937, the Rank Group is a subsidiary of Guoco Group Limited. Priorly, it was involved in the cinema and motion picture industry. Today, together with its subsidiaries, the company provides gaming services in the UK, Belgium, and Spain. Its largest brands include Mecca Bingo, a bingo clubs operator, and Grosvenor Casinos, the UK's largest casino operator. It also owns online gaming and betting services Rank Interactive. The Rank Group share price is listed on the London Stock Exchange and included in the FTSE 250 Index.
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The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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