'The revenue growth, the operator leverage benefit, and the focus on efficiency will also lead to improved margins,' Harris explained. Continuing on the digital side, Harris said Rank sees an opportunity to grow digital revenue by 8%-12% in the next few years.

'All-in, we expect to push the business well above £7 million per week in the medium term,' Harris added.Īccording to the company's latest set of results, in the first quarter of 2023-24, revenue at Grosvenor venues was £84.2 million ($106.8 million). Harris said the push would happen 'largely through activity that is within our control.' However, he conceded the figure is 'before the benefits of the Gambling Act review' and before we the company makes any material changes to the property estate.

Rank Group's Chief Financial Officer, Richard Harris, said at a capital markets event held Thursday that the company expects to get Grosvenor Casinos up to £7 million ($8.8 million) in revenue per week.