Rank Group PLC has expressed optimism regarding the UK government’s recent legislative measures aimed at casino reform. The operator welcomed the statutory instruments, setting July 22nd as the implementation date for increased gaming machine allowances in casinos across England and Wales.
These reforms will also permit sports betting activities within these venues.
The group is also engaging with Scottish authorities to pursue similar reforms for its operations north of the border.
Rank anticipates an addition of 882 gaming machines across its Grosvenor Casinos estate, which currently comprises 1,367 machines, contingent upon the approval of updated licences.
Overall, Rank sees the potential for expanding its estate to accommodate 3,112 machines.
John O’Reilly, Rank’s CEO, says: “The publication of the statutory instruments for land-based casino reforms is very good news for Rank.
“The modernisations will enable us to improve the Grosvenor customer proposition, helping to grow jobs and generate investment in local communities.
“We have a detailed roadmap of investments which we will now accelerate as we begin to roll out these reforms over the coming months.”
