Stride Gaming PLC

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Denjoe
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Stride Gaming PLC

Berichtdoor Denjoe » 05 Dec 2017 19:05

Stride Gaming plc, listed on AIM, is a leading online gaming operator. The Company operates a multi-branded strategy, using a combination of its proprietary and licensed software to provide online bingo and slot gaming and a social gaming mobile application.
About Stride Gaming
Stride Gaming's real money offering is presently focused on the UK market, where it is licensed and only operates from the regulated jurisdictions of the UK and Alderney. The Company has an international reach in the mobile social gaming market with a focus on North America. With a diverse portfolio of 143 brands, Stride Gaming is the third largest online bingo operator in the UK, and has over 25% share of the UK online bingo landscape.

Stride operates a B2B platform, Stride Together, through which the company can license its proprietary platform to gaming operators, media partners and retailers in the UK and globally, enabling them to create an online presence for their customers and enabling Stride to penetrate new and non-bingo verticals both within UK markets and overseas territories.

Current trading and outlook
Building on the momentum of 2017, the Group will continue to invest in its proprietary technology and people to support Stride Gaming’s further growth. We will remain focused on driving organic growth in our core UK real money gaming market whilst continuing to appraise acquisition opportunities and developing new products and markets.

Regulation continues to play a key role in shaping the online gaming industry, particularly in the UK. Whilst the Group is facing external industry pressures such as the second Point of Consumption Tax applied to free bets, the introduction of GDPR legislation and potential changes to advertising regulations for gambling brands, the Board is confident that Stride Gaming’s scale, technology-edge and multi-brand strategy means that we are well positioned to continue to grow and take market share despite these pressures.

Our Values
Passionate

Passionate by being fierce and excited about what we deliver.

Creative

Creative by being pioneers and always leading the way in our industry.

Respectful

Respectful by being thoughtful to those we work with and appropriate in our communications.

Accountable

Accountable by being responsible and having ownership for the work we do.

Collaborative

Collaborative by being dedicated to succeed as a team.

Innovative

Innovative by being original in everything we do.

Our Market
The UK online gaming market is estimated to have totaled £2.46 billion in 2015. Gambling Compliance Research Services (“GCRS”) estimates that UK online gaming NGR will total around £2.69 billion in 2016, and expects segment growth to remain in high single digits over the next few years. UK online gaming NGR is projected to grow 8.1% to £2.91 billion in 2017 before rising a further 8.9% to £3.16 billion in 2018.

Annual results: http://www.stridegaming.com/wp-content/ ... O16.00.pdf
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Denjoe
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Re: Stride Gaming PLC

Berichtdoor Denjoe » 05 Dec 2017 19:15

Stride Gaming acquires 51% stake in Passion Gaming

Strategic investment opens up growth opportunities in rapidly growing Indian skills gaming market

Stride Gaming plc (AIM: STR), a leading online gaming operator, today announces it has acquired a 51% stake in Passion Gaming Private Limited (“Passion Gaming”), a Rummy-focused online gaming company operating across India, for a cash consideration of $3.75m. The cash consideration will be invested in the company’s working capital to accelerate growth.


Stride Gaming plc (AIM: STR), a leading online gaming operator, is pleased to announce that it has today agreed the final earn-out consideration payable in respect of its August 2016 acquisition of 8ball Games Limited (“8ball”).
The 8ball’s financial performance has been in line with the Board’s expectations, achieving an unaudited Adjusted EBITDA of £4.18m for the period to 30 August 2017.
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Denjoe
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Berichten: 43
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Re: Stride Gaming PLC

Berichtdoor Denjoe » 05 Feb 2018 07:22

Stride Gaming plc
("Stride Gaming", the "Company", or "the Group")
AGM Statement
Positive trading momentum and continued strategic progress
Stride Gaming plc (AIM: STR), a leading online gaming operator, will hold its Annual General Meeting
(“AGM”) at 9.30am today. At the meeting Nigel Payne, Non-Executive Chairman of the Group, will
make the following statement:
“Stride Gaming’s positive trading momentum has continued into the start of the financial year and
the Group’s performance is in line with the Board’s expectations.
“The core Real Money Gaming business continues to perform well, supported by the strength of our
first-class proprietary platform, contributions from the acquired 8ball and Tarco businesses that are
now fully integrated, and the encouraging start of the Aspers Casino partnership.
“The Group has continued to execute on its strategy to develop as a leading online gaming operator,
underpinned by further investment in resources and people across a range of functions including
technology, business intelligence and marketing. Regulation remains central to shaping the future of
online gaming, however as a multi-brand operator with scale, Stride is well placed to manage the
changing regulatory landscape. As a result of this progress, the Board believes Stride Gaming is well
positioned to capitalise on further growth opportunities and deliver value for all stakeholders.”
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