Latest News
Rank Gets UKGC Approval for Stride Gaming Acquisition

The Rank Group has got approval from the UK Gambling Commission to proceed with the acquisition of Stride Gaming, the online casino and bingo operator. Rank made an offer of £115.3m (€130.6m/$143.6m) to purchase Stride’s entire fully diluted share capital in May.
Following the approval, Rank and Stride will be meeting next week for a hearing at the Royal Court of Jersey to finalise the acquisition. The hearing is due take place on October 2.
Stride has made an application to London’s Alternative Investment Market exchange to cancel the admission to trading of its shares on AIM, which is expected to take effect from October 7.
The Commission’s approval has come after Stride shareholders in July also voted in favour of the acquisition. A total of 96.43% votes cast backed the transaction, with just 3.57% voting against the deal.
The deal would improve Rank’s performance and reduce costs through migration to Stride’s proprietary technology platform along with in-house ecosystem, as well as also enhancing management team with the addition of senior Stride staff. The merger would also create significant value from strong synergies while also offering greater financial flexibility to the combined business.
-
Africa4 days ago
New Governing Board of the Gaming Commission of Ghana Sworn in
-
Africa7 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Baltics7 days ago
Estonian start-up vows to revolutionise iGaming customer support with AI
-
Asia7 days ago
FIFA, NBA, UFC and More Sports Events Go Live – Crypto Sportsbook BETY Offers Global Sports Betting Coverage 2025
-
Gambling in the USA6 days ago
Gaming Americas Weekly Roundup – June 16-22
-
Africa6 days ago
SA Rugby Renews its Partnership with Betway
-
Asia6 days ago
Polemos Announces Partnership with Guinevere Capital
-
Compliance Updates7 days ago
ANNOUNCEMENT RE: EXTENSION OF PROVISIONAL LICENSES ISSUED ON 24TH DECEMBER 2024