Closing trading on Friday 20 September, the governance of London Stock Exchange-listed Rank Group Plc sanctioned a formal update on the firm’s acquisition of London AIM-listed Stride Gaming Plc. Updating deal stakeholders, Rank governance confirms that its shareholder approved £115 million acquisition of Stride Gaming has met the requisites of the UK Gambling Commission (UKGC). In November 2018, Daub Alderney …
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Nektan confirms departure of David Sparks as CFO
Mobile gaming content and platform provider Nektan Plc has announced that Chief Financial Officer (CFO) David Sparks is to exit from the leadership role at the end of the month. Sparks who has held the position since December 2013, will further depart the London AIM Listed mobile gaming specialist board of directors. Sparks will continue to advise the firm on …
Read More »More Gfinity eSports shares to go on the market
UK eSports events firm Gfinity has revealed that it lost £3.6m in its first full year. The company are far from being in panic mode however, with this considerable expenditure necessary to build the infrastructure which’ll allow for future expansion. The launch of the UK’s first dedicated eSports arena (in partnership with Vue cinemas) for instance was costly, and as …
Read More »Optimal Payments ahead of 2014 expectations
Payment provider Optimal Payments PLC said Wednesday that both revenue and earnings before interest, taxes, depreciation, and amortisation are now forecast to be “materially ahead of market expectations” in its full-year on the back of strong trading in the year to date. The company said its strong performance in 2013 has continued into the current trading year, with its NETELLER …
Read More »Sagi To Float SafeCharge on AIM
Playtech Founder Teddy Sagi is set to IPO another of his business ventures – online payment provider SafeCharge. Sagi is the main shareholder of the payment provider with 90% of the company’s shareholding. SafeCharge is set to offer its initial IPO on the London Alternative Investment Market (AIM), with a view of raising $100m in new equity for future acquisitions, …
Read More »Social Gambling New Venture Gaming Realms To Begin Trading
New social gaming/gambling venture Gaming Realms part of is to begin trading on the London AIM Stock Market tomorrow morning. The new social gaming venture set-up by ex Foxy Bingo founders Simon Collins and Patrick Southon consisting of a £12m reverse takeover of social gambling operators Gaming Realms, BeJig and Alchemy Bet will begin trading on the Alternative Investment Market, …
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