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Threat of regulatory fines in UK causes Stride Gaming shares to plummet

2nd August 2018 9:59 am GMT

Shares in London-listed online gaming operator Stride Gaming plunged over 30 per cent Thursday morning after the company warned of a significant financial penalty for regulatory failings.

The company said Thursday that it has received notice from the UK Gambling Commission (UKGC) regarding the financial penalty, which follows a review by the UKGC into the manner in which its UK operations have historically carried on licensed activities.

Stride Gaming noted that the UKGC notice is not final [...]

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