Rank Group Plc has migrated ‘Bella Casino’ onto its proprietary operating platform, thereby completing the first stage of the technology integration of its acquired Stride Gaming assets. The LSE gambling group underlined progress on the key technology directive of merging Stride Gaming’s multi-brand UK online casino and bingo portfolio with its proprietary systems to expand its ‘Rank Interactive’ business unit. …
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Bingo renewal sees Playtech cover all core igaming verticals for Rank Group
Playtech Plc has announced its latest ‘tier-1 gambling extension’ as Rank Group Plc renews its lead online bingo supplier agreement with the FTSE technology group for a further five years. Rank’s bingo extension follows its decision to upgrade all igaming provisions (online casino and poker) onto Playtech systems, supporting the heritage UK gambling operator’s group transformation objectives. Playtech will continue …
Read More »Rank finalises Stride Gaming takeover
London-listed gambling operator The Rank Group (Rank) has confirmed this morning that it has successfully completed its take over of online gambling group Stride Gaming. Confirmed in a statement, Rank will now hold the entire issued ordinary share capital of Stride, which was valued at £115.3m in May of this year. John O’Reilly, Rank Chief Executive, commented on the announcement: …
Read More »Rank Group’s transformation programme helps boost H2 profits
Following what it described as a ‘tough first half’ to the year, Rank Group has reported that its operating profits have climbed by 20% as detailed in the group’s H2 2018/19 results (6-month period ending 30 June 2019). While the operator explained that its full-year profits had taken a 22% hit since last year, dropping from £50.1m to £39m, Rank …
Read More »Stride Gaming targets expansion following London AIM IPO
Online bingo and games operator Stride Gaming has confirmed that it has hit its London AIM flotation target, having amassed a total capital of £11.2 million. Stride Gaming the operating firm of igaming brands Kitty Bingo, Jackpot Café, Spin&Win and King Jackpot aims to use its float capital to increase its resources for organic growth and to fund potential acquisition …
Read More »Stride Gaming looks to raise £10 million on London AIM
Online bingo and games operator Stride Gaming has announced its intentions to raise a minimum of £10 million on the London AIM. The operator has requested for admission of its shares to be traded on the London AIM, by announcing Cantor Fitzgerald Europe to act as its nominated adviser. Stride Gaming will look to commence trading by the 19 May. Stride …
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