Stride Gaming Completes Triple Acquisition (update)

By Brian Cullingworth, Last updated Sep 2, 2016

Taco Assets, 8Ball and NetBoost Media

Online gaming operator Stride Gaming plc (Stride) has completed the acquisition of 8Ball, Netboost Media and the Tarco Assets.
Stride has allotted and issued 3,219,500 new Ordinary Shares as part of the initial consideration payable under the Tarco Acquisition and these Tarco Initial Consideration Shares have today been admitted to trading on AIM, a company statement reads.
"This has been an exceptional period for the Group and the completion of these acquisitions will see us continue to build critical scale to become the largest online bingo operator who has its own proprietary software and, importantly, the fourth largest online bingo operator in the UK," Eitan Boyd, chief executive of Stride Gaming said.
"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".

Online Casino News Courtesy of Infopowa

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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