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Rank slams UK budget

21 Mar 2007

LONDON, England – As reported by AFX News: "Rank Group PLC said the gaming duty changes announced in Chancellor of the Exchequer Gordon Brown's Budget today will hit profits at its casinos, raising casino gaming duty for the group by 8 mln stg per annum.

"Rank noted 'with dismay' the changes to casino gaming duty announced in the Budget, adding they 'have been imposed without prior indication or consultation with the industry…"

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