Shares in Mecca Bingo rise

October 12, 2010 - by Gladys · Filed Under London Bingo News Leave a Comment 

Rank, the owner of Mecca Bingo and Grosvenor Casino chains, saw a 5 per cent jump in their shares on Thursday. The gaming group said that they expected its full year results to be at the top end of the market predictions and were ecstatic with the findings.

It has now emerged that their like-for-like sales rose 7 per cent in the three months leading up to 3rd October. The like-for-like revenues at Grosvenor Casinos came in even higher at 9 per cent in the same quarter and players on the company’s bingo clubs spent an extra 2 per cent whilst there.

Due to the increase in internet bingo sites getting individuals to actually leave the comfort of their own homes and enter a bingo hall has become exceptionally harder. However, Rank has experienced more customers entering its Mecca Bingo venues for the 1st time in over a decade within the first half of the year. However, year-on-year the number of visitors remained unchanged in the 3rd quarter.

Rank out their success down to their concentration on management capabilities when focusing on revitalising the troubled chain. There are now plans to expand the Mecca Full House concept from its four venues to six as it reopens halls in Dagenham and Southend-on-Sea this coming autumn.

It is worth checking out both Mecca Bingo halls and their online equivalent as well as others including Bingo playground and Bingo flash!

Related bingo news:

  1. Rank Group announces improved figures
  2. Islington Mecca Bingo Site at Risk
  3. Rank has great results and plans to expand
  4. Mecca Bingo Club Hosts Charity Event
  5. Mecca Bingo Launches New Land based game.