Bingo sale eyes down

ONLINE bingo operator Stride Gaming is considering a sale.

The Aim-listed firm, which runs Kitty Bingo and Bingo Extra, has appointed Investec as adviser to help with a strategic review.

This includes “a more aggressive UK and international expansion strategy”, pursuing acquisitions and whether it should “seek to participate in consolidation through a sale of the company”.

Shore Capital analyst Greg Johnson flagged the benefits of a potential tie-up with Rank, owner of Mecca Bingo. Stride shares rose 7½p to 111p.