Rank paints mixed picture

British-based leisure group Rank today said annual profits would be lower than last year as its Blue Square sports-betting and bingo operations continued to offset growth at its Hard Rock Cafe chain.

British-based leisure group Rank today said annual profits would be lower than last year as its Blue Square sports-betting and bingo operations continued to offset growth at its Hard Rock Café chain.

Rank reported “similar” trading trends to those seen in the first half, with increases in the minimum wage and higher energy costs still affecting margins at Mecca bingo.