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After much industry speculation, land-based and online casino operator, The Rank Group, has now reportedly agreed to spend ￡115. 3 million (5. Online Casino 6 million) to purchase fellow British firm Stride Gaming. Growing presence:According to a report from the Reuters news service, the Maidenhead-headquartered behemoth behind the United Kingdom’s 54-strong chain of Grosvenor Casinos venues inked the deal earlier today in an effort to increase its standing within the nation’s booming iGaming sector. Online Casino Online Casino Counterpart competition:Reuters reported that the acquisition is due to make The Rank Group, which is already responsible for the online casino yeti casino free spins codebrands at GrosvenorCasinos. com, Enracha.

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es and MeccaBingo. com, the second largest iGaming operator in the United Kingdom behind GVC Holdings and allow it to better compete with this aforementioned rival’s main bingo domain at FoxyBingo. Online Casino Online Casino Winning Online Casino Games com. iGaming intensification:Almost 19% of Rank’s most recent half-year revenues came from the iGaming sector and the firm reportedly declared that the acquisition of Stride Gaming will provide it with ‘an engine for digital growth’ and allow it to attract younger players who enjoy using websites and mobile apps rather than visiting its land-based facilities. Online Casino Online Casino Online Casino Rank is to fund the acquisition through a ￡128. 1 million (1.

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