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199.00 US$ Rank Group cuts profit outlook for second time in three months (Ziegelstadel)

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Published date: August 12, 2022
  • Location: 3032, Ziegelstadel, Brandenburg, Canada
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Mecca Bingo's parent company saw shares tumble on Monday after the group lowered its annual profit forecast again, following weak trade at its UK venues.

 had dived by 16.9 per cent to 82.4p when trading closed on Monday, making it the worst faller among all London-listed businesses, ahead of troubled gold producer Petropavlovsk.

The Maidenhead-based gambling firm told investors that while its Grosvenor Casinos division had witnessed an improvement in performance since April, it had been 'considerably weaker than expected.


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