Shareholders in Mecca Bingo will have gained from there own bingo bonus this week. The shares have climbed from 115p to 122p over the last 5 days, as the casino and online operations perform well. The shares are up 40 percent in the year to date.
The gaming giant, Rank, which owns the 103 Mecca Bingo clubs, 34 Grosvenor Casinos said strong sales at the Casino and Rank Interactive units had an encouraging start to 2010 and it was confident on its full year prospects. The bingo chain had recovered well from a slow start in January due to the cold weather. Top Rank Espana had shown modest growth in spite of weak economic environment in Spain


Like-for-like sales growth in group revenue for the 16 weeks to 18th April was 4 percent, on a 10 percent rise in total group revenue.

"The Group has made a positive start to the year with revenue growth in each of its four businesses... (it) remains confident in the full-year prospects for the Group and in its longer term growth strategy," Rank Statement last week.

In February the company reinstated its dividend after posting a forecast-beating rise in full-year pretax profit. In relation to the VAT reclaim the company has added a new VAT reclaim of around 42 million pounds ($64.66 million) relating to amusement machines and main stage bingo, and an existing 59.1 million pound reclaim for interval bingo would now be received later in the year, rather than in the first quarter, as previously expected.

While Mecca have had a number of fantastic online promotions including the £10k a day jackpot last month, players will be expecting further great deals inlight of the company financials.