Rank Group Blows Away Smoking Hit

Summary


MECCA Bingo halls owner Rank Group today brushed aside the impact of the smoking ban with a surge in profits.

Its shares jumped 9%, or 131/4p, to 1671/2p after it delivered profits of 37.3 million in the first six months, up from 21.9 million. It came despite a 4.4% slump in bingo turnover since the start of the smoking ban in England on 1 July.

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Rank Group Blows Away Smoking Hit

Rank, owner of 103 Mecca Bingo hall...

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