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Evening Standard
Evening Standard
Business
Michael Hunter

Rank bets on a strong summer after a busy Christmas comes too late to prevent £100 million first half loss

High rollers returned to Rank Group’s London casinos around Christmas, but a busy festive season was not enough to prevent a £100 million loss for the first half.

The FTSE 250 company’s chief executive, John O’Reilly, conceded that the recovery from the severe impact of the pandemic had been slower than anticipated and that the overall trading environment in the months ahead looked “challenging”.

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