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. In case you have almost any questions concerning where and tips on how to utilize [url=https://www.ubm.ac.id/situs-judi-slot-online-yang-sering-kasih-jackpot/]jackpot besar slot gacor, you possibly can e mail us with the web page. '




Older bingo players wary of returning: Mecca boss says... Grosvenor Casinos owner Rank Group sees revenues plummet...
Closures: The Mecca Bingo owner expects to rebound to profit after plunging to a Ј67million loss last year when lockdown restrictions forced it to temporarily close venues

Following the loosening of lockdown curbs, trade bounced back strongly, especially in seaside towns like Blackpool and Bournemouth, as continuing restrictions on cross-border travel encouraged more Britons to take domestic holidays.
In the first three months of 2022, Rank reported revenues of Ј156.4million, a 221 per cent jump on the prior year when its UK outlets were shut for the entire period, and its Spanish sites were operating under stringent capacity limits. 




Since then, the leisure company said trading across its various operations, which additionally include Spanish gaming sites Enracha and YoBingo, has been 'broadly in line with management's expectations,' with the exception of Grosvenor Casinos.
For the upcoming financial year, Shore Capital analyst Greg Johnson believes the 'crux will be a return in higher-spending international customers over the summer, and we now see a pick-up from July.'
He suggested that part of this rebound in trade will be due to the United Arab Emirates soon finishing the 40-day mourning period following the death of its late president and former ruler of Abu Dhabi, Sheikh Khalifa bin Zayed Al Nahyan. 
Shore Capital has reduced its pre-tax profit forecast for Rank by Ј8million for next year, yet the financial services business has maintained its recommendation that investors buy stock in the group.





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