Rank Group reports a 16 percent decline in revenue in its Mecca Bingo business, compared to the same period last year.
According to the company's interim statement: "In Mecca Bingo revenue declined by 14% on a like-for-like basis, with admissions down 13% and spend per head down 1%. However, this represents a modest improvement in trading compared with the final four months in 2007."
"...During the period we extended the number of clubs with outside gaming areas to 43 and we developed 23 adult gaming centres within our Mecca Bingo portfolio. In the clubs where we have been permitted to make these innovations, we have seen incremental revenue and profit improvement."
Rank's overall revenue is down 8 percent for the period.