Business
Rank Group response to Budget
Rank Group response to Budget.
About this update from Rank Group Plc
[{"type":"text","content":"\n Rank Group PLC\n21 March 2007\n\n\nRank Group Plc response to Budget statement\n\n\n'The Rank Group Plc notes with dismay the changes to casino gaming duty\nannounced in the Budget.\n\n\nThe changes, which have been imposed without prior indication or consultation\nwith the industry, will have a negative effect on the profit performance of\nRank's casinos.\n\n\nIt is estimated that the increase in casino gaming duty for Rank will be of the\norder of £8m on an annual basis.\n\n\nEnquiries:\n\n\nRank Group\n\nDan Waugh - director of investor relations 01628 504 053\n\nNick Fox/Lisa Gordon - M Communications 0207 153 1530\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n EFMFSWSEED \n ","length":1038,"tagName":"div"}]