{"id":25,"date":"2025-10-10T12:37:15","date_gmt":"2025-10-10T12:37:15","guid":{"rendered":"https:\/\/squidgameseason1.win\/blog\/?p=25"},"modified":"2025-10-10T12:38:14","modified_gmt":"2025-10-10T12:38:14","slug":"rank-group-reports-69-increase-in-q1-revenue","status":"publish","type":"post","link":"https:\/\/www.squidgameseason1.win\/blog\/rank-group-reports-69-increase-in-q1-revenue\/","title":{"rendered":"Rank Group reports 69% increase in Q1 revenue"},"content":{"rendered":"

\ud83d\udcc8 Rank Group Reports 69% Year-on-Year Net Gaming Revenue Increase in Q1 2021\/22<\/strong><\/h3>\n

\ud83e\uddfe Overview:<\/strong><\/h4>\n
    \n
  • \n

    Net Gaming Revenue (NGR):<\/strong>
    \u00a3163.1 million ($223.7 million) for Q1 (three months to 30 September 2021)
    \u2013 Up 69% YoY<\/strong>
    \u2013 In line with company expectations<\/p>\n<\/li>\n<\/ul>\n

    \ud83c\udfe2 Land-Based Venues Rebound:<\/strong><\/h4>\n
      \n
    • \n

      Grosvenor Casinos:<\/strong><\/p>\n

        \n
      • \n

        Revenue: \u00a379.2 million<\/p>\n<\/li>\n

      • \n

        Up 209%<\/strong> YoY<\/p>\n<\/li>\n

      • \n

        Driven by full reopening from 19 July<\/strong> after COVID-19 restrictions lifted<\/p>\n<\/li>\n<\/ul>\n<\/li>\n

      • \n

        Mecca Bingo:<\/strong><\/p>\n

          \n
        • \n

          Revenue: \u00a334 million<\/p>\n<\/li>\n

        • \n

          Up 41%<\/strong> YoY<\/p>\n<\/li>\n

        • \n

          Gradual return of customers over the summer as restrictions eased<\/p>\n<\/li>\n<\/ul>\n<\/li>\n

        • \n

          Total Like-for-Like NGR from Venues:<\/strong>
          Up 117%<\/strong> year-on-year<\/p>\n<\/li>\n<\/ul>\n

          \n

          \ud83d\udcbb Digital Business:<\/strong><\/h3>\n
            \n
          • \n

            Overall digital NGR: +5%<\/strong><\/p>\n<\/li>\n

          • \n

            UK-facing digital operations: +4%<\/strong> (\u00a338.2 million)<\/p>\n

              \n
            • \n

              Grosvenor digital:<\/strong> +12%<\/p>\n<\/li>\n

            • \n

              Mecca digital:<\/strong> +6%<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

              \n

              \ud83d\udcc5 Outlook for Full Year (2021\/22):<\/strong><\/h3>\n
                \n
              • \n

                Expected full-year like-for-like revenue: \u00a3700m to \u00a3750m<\/strong><\/p>\n<\/li>\n<\/ul>\n

                \n

                \ud83d\udd19 Context \u2013 Previous Year Impact:<\/strong><\/h3>\n
                  \n
                • \n

                  FY 2020\/21 NGR:<\/strong><\/p>\n

                    \n
                  • \n

                    Fell to \u00a3288.2 million due to pandemic-driven closures<\/p>\n<\/li>\n

                  • \n

                    Venues were shut in England from March 2020 to August 2020<\/strong>, and again during winter lockdowns<\/p>\n<\/li>\n

                  • \n

                    Only fully reopened from 17 May 2021<\/strong><\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

                    \n

                    \u2705 Key Takeaway:<\/strong><\/h3>\n

                    Rank Group has shown strong recovery<\/strong> in Q1 2021\/22, especially in its land-based operations<\/strong>, reflecting pent-up customer demand post-lockdowns. Digital growth remains modest, but stable. Cautious optimism is expressed for the full year amid continuing economic uncertainty.<\/p>\n","protected":false},"excerpt":{"rendered":"

                    \ud83d\udcc8 Rank Group Reports 69% Year-on-Year Net Gaming Revenue Increase in Q1 2021\/22 \ud83e\uddfe Overview: Net Gaming Revenue (NGR):\u00a3163.1 million ($223.7 million) for Q1 (three months to 30 September 2021)\u2013 Up 69% YoY\u2013 In line with company expectations \ud83c\udfe2 Land-Based Venues Rebound: Grosvenor Casinos: Revenue: \u00a379.2 million Up 209% YoY Driven by full reopening from […]\n","protected":false},"author":1,"featured_media":27,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-25","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"\nRank Group reports 69% increase in Q1 revenue - Squid Game Season 1: A Thrilling Survival Drama You Can't Miss<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/squidgameseason1.win\/blog\/rank-group-reports-69-increase-in-q1-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rank Group reports 69% increase in Q1 revenue - 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