Component Changes Made to Dow Jones and Dow Jones STOXX Select Dividend Indexes Aug 2, 2008
In the Dow Jones EPAC Select Dividend Index, Rank Group PLC (Great Britain, Travel & Leisure, RNK.LN) will be deleted and replaced by Urban Corp. (Japan, Real Estate, 8868 ... Rank Group PLC is being removed due to the cancellation of its dividend payment. (Primezone Releases)
Guoco raises stake in Rank Group to 12.67% Jun 13, 2008
PETALING JAYA: Guoco Group Ltd, a company controlled by the Hong Leong Co (M) Bhd, has increased its shareholding in Britains Rank Group plc to 12. 67. (The Star Online, Malaysia -- Business)
Campaign to Cut U.K. Bingo Tax Gets Boost From Darling's Own Constituents Feb 16, 2008
The bingo industry, including companies such as Gala Coral Group Ltd. and Rank Group Plc, which owns Mecca, complains that it has to pay both a 15 percent tax on its gross profits from bingo games in addition to VAT of 17. 5 percent. (Bloomberg -- UK)
888 Revenue Rises 55 Percent as More Gamblers Bet on Online Casino Games Feb 12, 2008
To keep sales rising, the company is adding sports betting to its array of games in Europe in the current quarter with partner Rank Group Plc and introducing an online casino and wagers on sports in Asia. This was a transformational year,'' Chief Executive Officer Gigi Levy said in a telephone interview. (Bloomberg -- UK)
Resorts to sell entire GIL stake Dec 29, 2007
As of Dec 13, the company also had a 10% stake in LSE-listed Rank Group plc, Britain's second largest bingo operator and second largest casino operator, which also has online gaming businesses. RESORTS : [] [] RESORTS 4. (The Star Online, Malaysia -- Business)
Playing video games on the silver screen Dec 27, 2007
Rank Group PLC has been using TimePlay's system in about 10 British casino and bingo hall locations since May and will be expanding to more than 20 in 2008, he says. TimePlay hopes to see its system in about 30 more British locations by the end of 2008. (Globe and Mail -- Technology)
Rank Says Sales Growth Weaker on Smoking Ban, Scraps Second-Half Dividend Dec 12, 2007
Dec. 12 (Bloomberg) -- Rank Group Plc, the second-largest U.K. bingo-hall owner, reported weaker sales growth because of an English ban on indoor smoking and changes to gaming laws and scrapped its second-half dividend. Sales rose 1 percent at outlets open at least a year in the current fiscal year's first 49 weeks, the Maidenhead, England- based company said today in a statement. (Bloomberg -- UK)
Rank Group says revenue fell, conditions 'remain challenging' Dec 12, 2007
Shares in Rank Group PLC, the owner and operator of bingo clubs in Britain and Spain, fell Wednesday after the company reported lower revenue and said conditions "remain challenging" because of changing gaming laws and the expansion of smoking bans. Revenue dropped 2 percent in the 49 weeks through Dec. 9, the company said in a statement. (International Herald Tribune -- Sports)
Corporate Malaysia sustains momentum overseas Dec 10, 2007
38% stake in Rank Group plc the second biggest casino operator in Britain. Genting International is also in the midst of building its S$5. (The Star Online, Malaysia -- Business)
Genting betting on Rank Group Dec 4, 2007
38% stake in Rank Group plc, the second biggest casino operator in Britain. This is the third acquisition that Genting has made in Britain after Stanley Leisure, which is now called Genting Stanley (the biggest casino owner in Britain), and London Club International, which it has already divested to Harrah's Entertainment Plc. (The Star Online, Malaysia -- Business)
Rank Plunges as Casino Owner Says U.K. Smoking Ban Will Reduce Earnings Oct 13, 2007
Oct. 12 (Bloomberg) -- Rank Group Plc, the U.K.'s second- largest bingo and casino company, fell the most since at least 1988 in London after saying profit will probably miss forecasts, hurt by a smoking ban that drove away gamblers. Sales at Mecca Bingo and Grosvenor Casinos had ``significant deterioration'' since indoor smoking was barred in England in July and a new law required the company to remove some gaming machines in September, Maidenhead, England-based Rank said today. (Bloomberg -- UK)
Rank Group says 2nd-half profit to be crimped by casino laws, smoking ban Jun 28, 2007
LONDON: Rank Group PLC, the owner and operator of bingo clubs in Britain and Spain, said Thursday it expects a pending smoking ban in the U.K. and changes to gambling laws to crimp profit in the second half of the year. The British government plans to introduce later in the year legislation increasing the tax on gaming revenue, boosting costs for casino operators. (International Herald Tribune -- Business)
Rank Benefits From Internet Gaming With `Strong' Operating Profit Growth Jun 28, 2007
June 28 (Bloomberg) -- Rank Group Plc, Britain's second- largest casino company, said increased sales at online gaming unit Blue Square helped fuel ``strong growth'' in operating profit during the first half of this year. Sales at operations open at least a year rose 5 percent in the 25 weeks ended June 24, the Maidenhead, England-based company said today in a Regulatory News Service statement. (Bloomberg -- Europe)
Rank Group says like-for-like sales up 13 pct in 1st 16 weeks of year May 3, 2007
LONDON (Thomson Financial) - Rank Group PLC said it has made a solid start as a focused gaming business with like-for-like revenue up 3 pct for the first 16 weeks of the year. In an AGM statement, Rank Group said that the rise in revenues along with cost-savings has pushed its group profits higher in the year to date. (Forbes -- Business)
Gain a Deep Insight into the UK Catering Market Apr 24, 2007
Business Wire: public relations, press release distribution, investor relations, SEC filing. April 24, 2007 02:30 AM Eastern Daylight Time. (BusinessWire)
Seminole Tribe of Florida, Power Plant Entertainment, LLC and The Cordish Company Announce Settlement of Litigation; Issue Joint Statement Relating to Certain Outstanding Litigation Apr 19, 2007
Source: Seminole Tribe of Florida. April 18 /PRNewswire/ -- The Seminole Tribe of Florida, Power Plant Entertainment, LLC and The Cordish Company have announced the signing of a formal settlement agreement, ending all litigation between the parties. (Yahoo! Wire -- Entertainment News)
Seminoles settle with Cordish Co. Apr 18, 2007
The Hollywood-based tribe had said in December it would pay Rank Group PLC about $965 million for Hard Rock International and related entities. Settlement details were not available, though Mitchell Cypress, Seminole Tribe of Florida chairman, described it as amicable. (South Florida Business Journal, FL)
Holiday Inn Express Partners With Reading Is Fundamental to Promote a Smart Start in Education Apr 16, 2007
" MARCH 5, 2007 - Seminole Tribe of Florida Chairman Mitchell Cypress signs a ceremonial resolution to finalize the Tribe's acquisition of Hard Rock International. (PRNewsFoto/Seminole Tribe of Florida) Seminole Tribe Finalizes Acquisition of Hard Rock International HOLLYWOOD, Fla., (PRNewswire), March 11, 2007 - Under the sprawling branches of the "Council Oak" tree, site of multiple milestones in the recent history of the Seminole Tribe of Florida, members of the Tribal Council finalized the... (Saint Louis Front Page)
Tribe's Hard Rock deal jibes with past Apr 7, 2007
The Seminoles finished their $965 million purchase of Hard Rock International's restaurants, hotels and related businesses from U.K.-based The Rank Group PLC on March 5. Its 3,300 members are now in the position to add to their already impressive wealth. (Anchorage Daily News)
AP Centerpiece: Seminole Tribe's business moves bring change, cultural awareness Apr 7, 2007
6 million) purchase of Hard Rock International's restaurants, hotels and related businesses from British-based The Rank Group PLC on March 5. Its 3,300 members are now in the position to add to their already impressive wealth. (International Herald Tribune -- Business)
Native American tribe to buy Hard Rock for $965 million Apr 7, 2007
The business is being sold by the U.K.-based Rank Group PLC, which wants to focus on its European gaming businesses. The closing is expected in early March. (Louisville Business First, KY)
Seminoles Strive To Not Sell Soul As Fortunes Increase Apr 7, 2007
Money only buys convenience. It doesn't buy character. (Tampa Bay Online, FL -- News)
Boutique hotel developer Morgans Hotel Group to expand Hard Rock casino in Las Vegas Mar 12, 2007
5 million) purchase of Hard Rock cafes, hotels, casinos and music memorabilia from The Rank Group PLC, which acquired most of the chain from brand co-founder Morton in 1971. Scheetz said the upgrade was necessary to keep pace with its young clientele as they age and demand better services. (International Herald Tribune -- Business)
Seminoles close on $965M Hard Rock deal Mar 7, 2007
Members of the Tribal Council closed the deal Monday with The Rank Group plc for approximately $965 million. The music, entertainment, leisure and dining brand, with its network of 124 Hard Rock Cafes in 46 countries, is now under control of the Tribe. (Jacksonville Business Journal, FL)
Business notebook Mar 6, 2007
Notes and bonds: The Seminole Tribe of Florida completed its $965 million purchase of the Hard Rock cafes, hotels, casinos, and music memorabilia from The Rank Group PLC through a combination of a bond offering and an equity contribution from the tribe. Sonny Nevaquaya, a Comanche who works at one of the casinos, plays the flute at the signing ceremony. (Boston Globe)
Ceremony Finalizes Hard Rock Deal Mar 6, 2007
WILFREDO LEE/THE ASSOCIATED PRESS Members of the Seminole Tribe of Florida hold a signing ceremony Monday under the Council Oak in Hollywood to mark its $965 million purchase of the Hard Rock cafes, hotels, casinos and music memorabilia from The Rank Group PLC. ... HOLLYWOOD The Seminole Tribe of Florida completed its $965 million purchase of the Hard Rock cafes, hotels, casinos and music memorabilia from The Rank Group PLC on Monday through a combination of a bond offering and an equity... (The Ledger)
Seminole Tribe's purchase of Hard Rock to be official Monday Mar 5, 2007
MIAMI (AP) -- The Seminole Tribe of Florida's $965 million purchase of the Hard Rock cafes, hotels and associated business from The Rank Group PLC was set to be completed Monday. The deal, first announced in December and approved by Rank Group shareholders in January, poises the tribe of about 3,300 members to become a player in the worldwide hospitality industry. (WSVN-TV Miami, FL)
Comair pilots OK contract that pays less Mar 4, 2007
Hard Rock, which is owned by Rank Group PLC, said its sale to the Seminole Tribe of Florida is expected to close Monday. Information from Bloomberg News and The New York Times was used in this report. (Orlando Sentinel)
Seminole tribe and developer reach tentative deal to end litigation Mar 3, 2007
The Seminoles will close Monday on their $965 million deal to buy the Hard Rock International Inc. chain from London-based Rank Group PLC, in what is thought to be the largest single acquisition by an American Indian tribe. That deal will give the tribe a global presence in the hotel and restaurant industry as well as the world's largest collection of music memorabilia. (Sun-Sentinel.com)
U.K. FTSE 100 Stocks End Day Little Changed After Worst Week in Four Years Mar 3, 2007
Rank Group Plc (RKN LN) rose 14. 5 pence, or 6. (Bloomberg -- UK)
Music Superstar Shakira Designs Limited-Edition T-Shirt for Hard Rock's Latest Signature Series Feb 17, 2007
Hard Rock International, Inc. is owned by The Rank Group Plc (RNK.L). For more information on Hard Rock, visit. (Yahoo! Wire -- Entertainment News)
Trade deficit hits record 5 years in row Feb 15, 2007
In December the Seminole Tribe announced it would buy Orlando-based Hard Rock International from British casino company Rank Group PLC for about $965 million. Nation. (Orlando Sentinel -- Business)
Dallas Hard Rock Cafe To Close Feb 10, 2007
According to the Associated Press, the deal with London-based Rank Group PLC was believed to be an American Indian tribe's first purchase of a major international corporation of its size. The Seminoles were the first U.S. tribe to get into the gambling business in 1979. (CBS 11, TX)
Rank says in 'strong position' to apply for new UK casino licenses Jan 31, 2007
LONDON (AFX) - Rank Group PLC said it will be in a 'strong position' to apply for the new UK casino licenses when the tender process begins. As an established British gaming company with a track record of responsible operating, commercial success and the necessary (though rare) combination of expertise in casino, bingo and betting, we believe that Rank is in a strong position to apply for new licences when the tender process begins,' a spokesman said. (Forbes)
Packer loses punt on UK supercasino Jan 31, 2007
Rank Group Plc, Ladbrokes Plc and privately owned Gala Coral are the biggest remaining UK contenders. Licences for eight small casinos, with 80 gaming machines each, went to Bath, Dumfries and Galloway, East Lindsey, Luton, Scarborough, Swansea, Torbay and Wolverhampton. (Sydney Morning Herald -- Business)
Tribe wins Hard Rock OK Jan 10, 2007
The Seminole Tribe of Florida is cheering the news that Rank Group Plc. shareholders have approved it to buy Hard Rock International Plc. (Orlando Business Journal)
Rank shareholders OK Hard Rock sale to Seminole tribe Jan 9, 2007
LONDON Shareholders in Rank Group PLC have approved the $965-million (U.S.) sale of the Hard Rock cafes and associated businesses to the Seminole Tribe of Florida. The company said shareholders approved the sale at a meeting on Monday. (Globe and Mail -- Business)
Cordish sues over sale of Hard Rock Cafes Jan 5, 2007
The Seminoles announced the $965 million purchase of the Hard Rock empire from London-based Rank Group PLC on Dec. 7, marking the first time an American Indian tribe had purchased a major international corporation. Rank shareholders are scheduled to vote Monday on whether to approve the sale, which would be finalized by early March. (Buffalo News)
Hard Rock deal is hit with lawsuit Jan 3, 2007
The Cordish Co., which built the tribe's lucrative casinos in Hollywood in South Florida and in Tampa, accuses the Seminoles of orchestrating a "bid-rigging" scheme in the months before buying the Hard Rock empire from Rank Group PLC of London for $965 million. Cordish claims it would have paid Rank substantially more for its Orlando-based Hard Rock International unit but was blocked from even bidding because the tribe conspired with some Hard Rock executives to discourage competition and keep... (Orlando Sentinel -- Business)
Lawsuit claims rigging led to Seminole-Hard Rock deal Jan 3, 2007
The Seminoles announced the $965 million purchase of the Hard Rock empire from London-based Rank Group PLC on Dec. 7, marking the first time an American Indian tribe had purchased a major international corporation. The Cordish lawsuit, however, said the company and its banker, Goldman Sachs were refused the right to bid for the business even though they could have made a larger offer. (Orlando Sentinel)
