Sector Focus 

Gambling companies bet on digital

Gambling companies bet on digital

Earlier this month gambling company Rank (RNK) released a disappointing update to the market. It warned that pre-tax profit for the full year would fall short of the year before, sending its shares tumbling on the day. It seems people just aren’t visiting venues and casinos like they used to. And while digital revenues are growing, they have not offset the sales decline witnessed across Rank's venues.

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