Top Rank Bingo

  

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This bingo hall was located in the old Majestic Ballroom on Caversham Road, close to the junction with Tudor Road. We have very little detail on the Majestic’s time as a bingo hall, but we know the building originally opened as a corn exchange in the 1930s before being converted into a dance hall. Download Bingo Town now, the newest Bingo Game, live worldwide, free to play and multiplayer with real opponents. Start your journey from town to town, playing Bingo in different Bingo Rooms for each city. Daub all the numbers, lying on a beach in Malibu or exploring the wonders of.

The UK’s largest multi-channel casino operator.

The brand offers a range of popular casino table games, including roulette, blackjack, baccarat and poker as well as electronic roulette and slot machine games. The brand’s digital channel offers many popular games, including its very popular live casino, in addition to therecently launched sports betting offer.

Grosvenor Casinos also operates one unbranded casino in Belgium.

Industry overview
Casinos in Great Britain offer a variety of traditional games of chance in a safe, social and highly regulated environment. Customers must be 18 years or older in order to play in a casino.

Staking levels are not capped (with the exception of electronic gaming machines) and are determined by the casino.

Under current legislation, the following activities must be offered under a 1968 Act casino license in Great Britain: casino table games (including American roulette, blackjack, stud poker, punto, banco, sic-bo and dice); electronic games (predominately electronic roulette), gaming machines and card room games (including player-to-player poker and mah-jong). In addition, casinos typically include licensed bars and restaurants.

In Britain, due partly to restrictions on electronic gaming machines, the majority of casino revenue is generated by casino table games and their electronic equivalents.

Key people

Alan Morgan – Managing Director (Retail)
Debbie Husband – Operations Director (Retail)
Adam Joseph – Operations Director (Digital)
Nigel Lewis – Director of Finance (Retail)
David Balls - Human Resources Director (Retail and Group)
Richard Playle - Commercial Director (Retail)
Olly Raeburn - Chief Marketing Officer (Retail)

Key facts
Established1970
Clubs*55 (54 in UK; 1 in Belgium)
Venues
Revenue*£373.0m
Operating profit*£48.6m
Customer visits*7.0 million per year
Total spend per visit*£53.26
Digital
Revenue*£47.5m

* As at 30 June 2018

* As at 30 June 2015

Rank’s multi-channel community-based gaming brand for the British market. The brand’s digital channel offers a selection of games from bingo to a wide range of slot games.The venues also offer great-value food, drink and live entertainment.

Industry overview
Licensed bingo clubs in Great Britain provide low-cost games of chance in a safe, secure and regulated environment. The majority of customers are women and must be 18 years or older in order to play in a bingo club.

Bingo itself is a pari-mutuel lottery-style game where customers can win high prizes (Mecca’s record payout is £1 million) for low stakes. In addition, clubs typically incorporate large gaming machine arcades, licensed bars and restaurant areas, which are also important generators of revenue.

Key People
Alan Morgan- Managing Director (Retail)
John Dyson - Operations Director (Retail)
Adam Joseph- Operations Director (Digital)
Nigel Lewis - Director of Finance (Retail)
David Balls - Human Resources Director (Retail and Group)
Richard Playle - Commercial Director (Retail)
Olly Raeburn - Chief Marketing Officer (Retail)

Key facts
Established1961
Clubs*85
Venues
Revenue*£208.1m
Operating profit*£28.6m
Customer visits*9.7 million per year
Total spend per visit*£21.46
Digital
Revenue*£47.5m

Rank’s community-based gaming business for the Spanish market. The brand offers a range of popular community games like bingo as well as electronic roulette and slot machine games, sports betting and food, drink and live entertainment.

Industry overview
Bingo is one of the largest sectors of the Spanish gaming market, alongside lotteries, casinos and gaming machine arcades. Clubs generate revenue form participation fees on games of bingo, customers spending on gaming machines, food and drink.

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The industry is largely regulated on a provincial basis, with gaming machines restrictions, staking levels and taxation being determined by the local authority.

Key people
Paul Richardson – International Managing Director
Albert Zorrilla – General Manager

Key facts
Established1994
Clubs*9
Venues
Revenue*£35.3m
Operating profit*£7.5m
Customer visits*2.0 million per year
Total spend per visit*€19.96
Digital
Revenue* (includes YoBingo)£2.2m
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Creating value through our three brands: Mecca, Grosvenor Casinos and Enracha.

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The bingo and casino giant Rank Group faces a major shareholder revolt over boardroom pay next month, despite its chief executive taking a steep salary cut during the first phase of the coronavirus pandemic.

Sky News has learnt that a number of large institutional investors in Rank, which owns the Mecca and Grosvenor brands, are planning to stage a protest over the company's remuneration report and future pay policy at its annual general meeting.

City sources said on Thursday that Rank had been 'red-topped' by the Investment Association's IVIS service - the strongest-possible alert to shareholders that they should consider opposing the company's proposals.

Institutional Shareholder Services (ISS), an influential voting advisory firm, has also recommended voting against Rank's board, which wants to hand big share windfalls to top executives a year earlier than previously promised.

According to ISS, the company also wants to amend the terms on which it can award shares to executives under a long-term incentive scheme set up in 2018.

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'Expanded discretion under the proposed remuneration policy allows for amendments to be made to the outstanding block award, suggesting potential adjustments in light of disruption from COVID-19, though the company has committed to engaging with major shareholders prior to exercising this discretion.

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'Overall, shareholder support is not considered warranted,' ISS said.

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Any revolt by institutional shareholders will be diluted by the fact that Rank is majority-owned by a single Malaysian shareholder.

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Nevertheless, a big protest would be embarrassing for Rank after it furloughed thousands of its employees as a result of the COVID-19 crisis.

On Thursday, Rank announced that it was selling its casino business in Belgium for £25m.

A Rank spokesman declined to comment.