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Bingo is back as Mecca owner Rank outperforms Covid lockdown predictions

Despite losses of £107m in the year to June, the group has its eyes down for a full house post-pandemic

Bingo is back, according to the Mecca owner, Rank, whose venues have outperformed expectations since reopening in May, but pandemic closures pushed annual losses at the group to more than £100m.

Rank, which also owns Grosvenor Casino, said revenues almost halved from £629.7m to £329.6m in the year to the end of June. The company made a £107m pre-tax loss, compared with a £13.4m profit in the previous year.

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Read the original article at The Guardian

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