Monday, September 26News That Matters
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Author: geriquillen8

Shares in casino and bingo firm Rank plunged after it warned of rising costs and slow recovery

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Shares in casino and bingo firm Rank plunged after it warned of rising costs and slow recovery.The FTSE 250 group, which owns the Grosvenor Casinos chain, lamented the lack of wealthy foreign customers returning to its London venues following Covid.The turnout in its Grosvenor casinos had improved since April, but the firm said it has been ‘considerably weaker than expected'. Shares down: FTSE 250 group Rank, which owns the Grosvenor Casinos chain, lamented the lack of wealthy foreign customers returning to its London venues following CovidRank, which also owns Mecca Bingo, Link Alternatif Mantap168 said the performance across its other businesses has been broadly in line with expectations. But this was not enough to offset fears over the impact of inflation and a slowdown in tradin...