Stride Gaming plc announced that Daub Alderney Limited ("Daub") has been fined £7.1 million by the Gambling Commission of Great Britain ("UKGC") for failings in its anti-money laundering and social responsibility procedures. After careful consideration, the Group has concluded that whilst it believes the UKGC fine to be excessive and disproportionate, it is not in the interests of the Group's stakeholders to appeal the UKGC's finding or penalty. The Board, having taken advice, remains of the belief that a penalty of no more than £4 million would be appropriate, particularly as the failings identified by the UKGC were procedural in nature and did not involve any incidence of identifiable money laundering.