Stride Gaming ‘in line’ with expectations

Business News

Stride Gaming said its positive trading momentum has continued into the start of the financial year, with performance in line with the board’s expectations.

Nigel Payne, non-executive chairman of the group, said the core Real Money Gaming business continues to perform well, supported by the strength of its proprietary platform, contributions from the acquired 8ball and Tarco businesses, and the 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.”