Rank’s bingo blues

MECCA Bingo owner Rank Group has posted a hefty 4.9pc decline in revenue over the past four months as high-rollers reined in their spending at its Grosvenor Casinos venues.

Like-for-like sales tumbled 7.2pc at Grosvenor, while its digital channel saw revenue decline by 5.2pc.

Mecca Bingo’s venues also saw comparable revenue slip by 5pc as visits dropped, but this was partially offset by a 6.4pc rise in digital sales.

The trading update comes after Rank posted a 41pc decline in annual profits in August.