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