Rank attracts £1.5m in online bets a week
By Linda
The interactive arm of Rank Group, the national gaming and bingo firm, is attracting weekly gambling levels of more than £1.5 million online. According to a trading statement for the four months to 2 November 2002, gaming stakes and placed bets on Rank Interactive Gaming’s web sites exceeded the figure each week.

Set up by the entertainment and gaming brand towards the end of 2001, Rank Interactive Gaming comprises fixed-odds betting and gaming site Rank.com and casino site HardRockCasino.com.

The latter was launched in July, after Rank Group was one of three companies awarded licences by the Isle of Man Government to operate an online casino. At present, companies cannot set up online casinos in the UK, although the situation is being assessed by the Gambling Review Body.

Rank Group said the success of its online gaming arm was aided by the development of bingo-style games similar to those played in its offline Mecca Bingo chain.

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