Rank Group Shares Rise About 5% on Reports of Moderate Tax Hike
Rank Group shares rose approximately 5% in morning trading on October 21 after media reports said the UK Treasury was considering a more moderate increase to Machine Games Duty.
Rank Group shares gained about 5% in morning trading on October 21, 2026, after media reports said the UK Treasury was considering a more moderate increase in Machine Games Duty (MGD) than previously suggested. The possible shift follows industry-wide lobbying over the effect of significant tax increases on the gaming sector.