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BlueSquare Gaming Results Disappoint

Poker and Casino Fail to Spark for Rank, Blue Square's Parent Company

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Rank plc, owner of BlueSquare poker and online sports book, has said in its interim report that results from the poker and casino business have been ‘disappointing’.

Referring to the period from January to June 2008, the company said, “revenue from the company’s gaming products grew by 12.2 percent to £19.3m, with growth from meccabingo.com offsetting disappointing casino and poker.

Chief executive of Rank, Ian Burke, said, “We remain positive on the longer term outlook for the UK gaming market. Our aim is to attract more customers to our businesses as we build on service improvement, games development, capital investment and regulatory reform to create more entertaining gaming experiences."

Blue Square revenue for the six months to June 2008 was £27 million, up slightly from £26.2 in the same period in 2007.

 
 
Tags: europe