Stride Gaming reiterates UK commitment as losses narrow

CEO Eitan Boyd pledges to “concentrate on optimising undoubted opportunities” in UK market

Stride Gaming today reported an annual revenue rise of 8.7% to £89m although the upturn was largely offset by increased taxes and regulatory pressures in the UK. Adjusted EBITDA dropped 18.2% year-on-year to £16.1m, down from £19.7m in 2017, as pre-tax losses for the 2018 amounted to £5m, narrowing significantly from the £25.7m loss announced…

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