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Legal
September 1, 2021
UKGC Fines Daub Alderney with $8m, Rank to Appeal
The UK Gambling Commission has imposed an $8m (£5.8m) fine on Kittybingo and Regalwins operator Daub Alderney over social responsibility and anti-money laundering incompliance related to its online offering. Daub Alderney to Pay $8.06m Fine Daub Alderney will pay a $8.06m (£5.85m) fine for breaching the UK Gambling Commission’s rules aimed at preventing money laundering and protecting vulnerable customers. Apart from the financial penalty, Daub Alderney, which runs digital brands […]
Business
August 26, 2021
Rank Group Expects Big Payout From HMRC Over Tax Dispute
Rank Group is looking forward to receiving a windfall from an unlikely source. The UK’s tax authority, HM Revenue & Customs (HMRC), was accused of improperly assessing tax rates on some gaming activity, which a court acknowledged. Now that the HMRC has apparently decided not to appeal the ruling, it will have to pay back […]
Industry
August 20, 2021
Rank Group Calls for Land-Based Casino Level-Playing Field
A leading land-based casino operator in the UK urged authorities to overhaul existing legislation to eliminate fragmentation of casino rules which impacted the company’s performance. ‘New Baseline of Gambling Regulations’ Rank Group, the operator of Grosvenor Casinos and Mecca Bingo venues in the UK, disclosed as part of its financial year 2020/2021 report that its […]
Business
April 29, 2021
Rank Group Appointed Katie McAlister as Non-Executive Director
Rank Group, operator of Grosvenor Casinos and Mecca Bingo venues in the UK, as well as Enracha bingo clubs in Spain, announced today a new addition to its Board of Directors with the appointment of Katie McAlister as a non-executive director. Appointment with Immediate Effect Appointed with immediate effect, non-executive director Katie McAlister will also […]
Industry
December 10, 2020
Chew Seong Aun Named Rank Group Non-Executive Director
UK-based Rank Group Plc has announced that Chew Seong Aun will succeed Tang Hong as non-executive director. Aun Succeeds Company Veteran Cheong UK-based gambling market leader and LSE-listed Rank Group Plc announced on Thursday that CFO Chew Seong Aun will succeed Tang Hong Cheong as the company’s non-executive director. Mr. Aun is an expert in […]
Casino
October 29, 2020
Kindred Group to Acquire Casino Blankeberge in Belgium
The Rank Group Plc reached an agreement with Kindred Group to sell its Blankeberge Casino in Belgium. The £25 million acquisition is expected to be completed in Q4 2020. Kindred to Acquire Blankeberge Casino from Rank Group The leading online gambling operator Kindred Group has announced it will acquire 100% of the shares in Blankenberge […]
Business
September 12, 2020
Rank Gambling Group Urges London to Revitalize As Profits Continue to Plummet
The Rank Group, which owns numerous gambling establishments in the UK, has suffered a sharp drop in profits at its Grosvenor Hotel and Casino locations within the capital. Even though the casino has been given the go-ahead to reopen, revenues are trailing behind last year’s numbers reaching only 40% of the expected amount. Other casinos […]