Stride Gaming Plc acquires 51% Stake in Passion Gaming

Stride Gaming acquires 51% stake in Passion Gaming

Strategic investment opens up growth opportunities in rapidly growing Indian skills gaming market

Stride Gaming plc (AIM: STR), a leading online gaming operator, today announces it has acquired a 51% stake in Passion Gaming Private Limited (“Passion Gaming”), a Rummy-focused online gaming company operating across India, for a cash consideration of $3.75m. The cash consideration will be invested in the company’s working capital to accelerate growth.

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