Online gaming operator Stride Gaming, which is listed on London’s AIM exchange, has agreed to acquire certain assets of Tarco, the full issued share capital of Netboost Media and the entire issued share capital of 8Ball Games.
The acquisitions will be funded in part by a share placing, raising £27m.
In a statement, Stride said the acquisitions will “augment the company’s vision to become the global market leader in the soft gaming vertical of the online gaming industry.”
The move will double Stride’s market share of the UK bingo market from to 10 per cent, making it the fourth largest online bingo operator in the UK.
