Casino Operator Rank is Reportedly Seeking M&A Opportunities

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According to a recent report from Reuters, British casino operator Rank Group Plc is still on the hunt for a potential merger opportunity.

This lingering interest, we’re told, accelerated in the aftermath of failed attempts last month to take over William Hill Plc.

Rank and online gambling company 888 Holdings Plc were interested in jointly take over rival William Hill but the effort was abandoned in the wake of encountering difficulty working and communicating with William Hill’s board.

In the meantime, as future opportunities are explored, Rank will work toward expanding its online services to “strengthen its business,” the report notes.

What’s on tap, exactly?

“Rank would introduce a single account and single wallet across its retail and online businesses, allowing its customers greater on-the-go access,” the report notes. “It would also launch a new online bingo brand in the second half of the financial year ending next June.”

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