Stride Gaming has completed the £70.2m acquisition of gaming companies 8Ball, Netboost Media and Tarco Assets, doubling its share of the UK bingo market to 10 per cent.

Stride Gaming

The move also expands the company’s offering by 96 brands to 105 brands, a quarter of UK bingo sites.

Stride Gaming CEO Eitan Boyd said: “This has been an exceptional period for the group and the completion of these acquisitions will see us continue to build critical scale and become the fourth largest online bingo operator in the UK and the largest operator who has its own proprietary software.

“As many operators in the gambling sector continue to struggle in the face of renewed pressure from higher taxes and increased regulation, we in contrast are in a stronger position than ever to realise value and deliver synergies from these acquisitions.”