Rank Group revenue plunges 55% in H2 2020 on lockdowns and Stride struggles

Digital revenue remains flat at 1% despite venue closures and drops to 14% including acquired Stride brands

Rank Group has reported a 55% year-on-year drop in overall net gaming revenue (NGR) for the second half of 2020 to £177.6m. Venues-based revenue plummeted a record 70% during H2 from a high of £306m to a low of £90m, as the business was severely impacted by Covid-19 lockdown restrictions across the UK. Revenue from…

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