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UKGC penalty charge pushes Stride Gaming to full year loss

22nd November 2018 6:05 am GMT

London-listed iGaming operator Stride Gaming has reported a 9 per cent increase in net gaming revenue to £89.0m for the year ended August 31st, with the company slipping to a loss of £5.0m after making a full provision for its recent penalty charge by the UK Gambling Commission (UKGC).

The year-on-year revenue growth was driven by the company’s in-house proprietary platform, which saw revenue increase 24 per cent to £60.5m, as well as the integration of [...]

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