LEI: 213800TXKD6XZWOFTE12
26 November 2025
The Rank Group Plc
Impact of the Autumn Budget
The Rank Group Plc (LSE: RNK) (“Rank” or “the Group” or “the Company”) notes the increase in Remote Gaming Duty (“RGD”) and the abolition of
The c.
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the annualised impact on the
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offset by the c. |
The Group is reviewing various mitigating actions for the
The impact of the 4.1% increase to the hourly National Minimum Wage to
The Group has a strong balance sheet and expects to operate well within its financial covenants.
“The announced increase in Remote Gaming Duty in the
“Whilst we are pleased that the Government has abolished bingo duty which will help to sustain jobs and investment in the land-based sector, the far more significant impact on the Group is the hit to digital profitability.
“In the year to 30 June 2025, Rank reported a profit after tax of
Rank Group will announce its interim results for the six months ended 31 December 2025 on 29 January 2026.
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Contacts:
Rank
FTI Consulting LLP (PR adviser to Rank)
Alex Beagley Tel: +44 20 3727 1045
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