22 Jun 2015 07:00
Stride Gaming Plc
("Stride Gaming", or the "Company")
Trading Update
Trading ahead of management expectations
Stride Gaming, the multi-branded online bingo-led operator, is pleased to announce the following update to current trading.
Trading in the second half of the financial year is strong with the organic growth of the business continuing at pace and ahead of management expectations. Management now expects adjusted EBITDA for the year ended 31 August 2015 to be not less than £7 million.
Enquiries:
Stride Gaming plc Nigel Payne (Non-Executive Chairman) Eitan Boyd (Chief Executive Officer) Ronen Kannor (Chief Financial Officer) www.stridegaming.com | +44 (0) 20 7284 6080 |
Cantor Fitzgerald Europe (NOMAD and BROKER) | +44 (0) 20 7894 7000 |
Catherine Leftley Mark Percy William Goode
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Yellow Jersey PR Limited Alistair de Kare-Silver Dominic Barretto Fiona Walker
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+44 (0) 7738 076 304 +44 (0) 7768 537 739 |
Notes:
Stride Gaming is a UK focused, real money, bingo-led online operator, using its proprietary and purchased software to provide online bingo and related gaming activities to players. Stride Gaming only operates in regulated markets, principally the UK.
The Group operates a multi-branded strategy which includes the online bingo brands Kitty Bingo, Lucky Pants Bingo, Bingo Extra, Jackpot Café, Jackpot Liner, King Jackpot, together with the online casino brands Spin and Win and Magical Vegas.