The Rank group, better known to us bingo lovers as Mecca Bingo have been hot in the press over the past few weeks, with speculation and imagination growing by the moment.
Last week we were told that Rank had sold a 10% stake in the group to a Malaysian company called Genting, and this week I hear that Richardson Capital – a UK based specialist property company, has built up a shareholding in the group of 9.3% that they have traded in CFD’s rather than in actual shares in the group.
Though it is strongly believed by the company director Lee Richardson that the Rank Company is grossly undervalued and a new trading report is du to be released sometime soon, should help shed some light on the situation for us plebeians who don’t really know the ins and outs of company trading figures. All we are really interested in is will I still be able to play my favourite Mecca Bingo Game. For now though it seems that something positive is being done to save that all time favourite Mecca Million bingo game for all us “hopefuls”. So don’t fret, when next you walk down to your favourite local Mecca Bingo, the doors will more than likely still be open for play.