Rank Group PlcLSE: RNK

Review of Blue Square Bet business

· Issued by Rank Group Plc
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
 
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