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The Rank Group experienced a troubling start to the year as the compulsory closure of its casinos and bingo halls caused revenues at its venues to be virtually wiped out during the first quarter.
Like-for-like net gaming revenues (NGR) at the Mecca Bingo owner s sites sank 98 per cent in the three months to the end of March when all its UK venues remained shut, whereas sales on its online platforms declined just 3 per cent.
It said that the nine Enracha venues in Spain that were open by March 31 were seeing strong customer demand but admitted that they were operating under stringent capacity limits.
Mecca Bingo and casino owner Rank Group has said it is focusing on the reopening of its venues next month after suffering plummeting sales during lockdown. The gambling group, with a Mecca Bingo and Grosvenor casino site off Moor Lane in Bolton town centre, reported a 76 per cent plunge in like-for-like net gaming revenues in the quarter to the end of March, with online sales unable to offset the hit to its venues. All of its UK sites were closed during this quarter. It is set to reopen English sites on May 17 under the Government’s road map plans to exit lockdown.