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Rank Group Predicts Strong Results13 November 2002LONDON – As reported by the AFX Press: "Rank Group, the leisure combine, published a bullish four month trading update and said the trend would probably continue to the end of the financial year. "…The gaming division has enjoyed `strong results', Rank said and while promotional spending on the Mecca bingo has fallen, profit margins have been maintained at around 30 pct. "Liberalisation of casino rules and tax breaks on betting have also helped the gaming business prosper, it added…" |