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Stride Gaming shares slide after confirming £7.1m fine for Daub Alderney

13th November 2018 1:06 pm GMT

London-listed online gaming operator Stride Gaming has confirmed that its subsidiary Daub Alderney has been fined £7.1m by the UK Gambling Commission (UKGC).

The fine relates to failings in its anti-money laundering and social responsibility procedures, with Stride Gaming having made a provision of £4m for the penalty after being notified by the UKGC earlier this year.

In a statement Tuesday, Stride Gaming confirmed the fine would be higher than expected at [...]

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