Tag Archives: FOX Bet

Meadowlands maintains NJ edge in record month for betting

Meadowlands

Online sports betting sites licensed through Resorts and the Meadowlands combined for more than $24 million of the $29.4 million in revenues made in New Jersey (NJ) last month, as the state smashed its previous record for total wagers. The state fell just short of $375 million for online sports betting handle in September, beating the previous best of $298.3 …

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Flutter and Stars Group agree takeover deal

In the latest mega-merger to hit the gambling industry, The Stars Group (TSG) is to be acquired by Flutter Entertainment, operator of Betfair, FanDuel and Paddy Power via an all-share combination.  Immediately following completion of the Combination, Flutter Shareholders would own approximately 54.64 per cent and TSG Shareholders would own approximately 45.36 per cent of the share capital of the Combined Group. …

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Stars Group appoints video games pioneer John Schappert as corporate advisor

Toronto TSX-listed The Stars Group Inc has strengthened its corporate governance’s strategic capacity and technology-led competencies by confirming the appointment of John Schappert as a new independent director. Regarded as a pioneer of the video games industry, Schappert is the co-founder of Tiburon Entertainment, the original games development studio of ground-breaking sports titles Madden NFL, NFL Street and NASCAR Racing. …

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Stars Group revises 2019 guidance citing enlargement responsibilities

Toronto TSX-listed The Stars Group Inc has revised its full-year guidance after citing a number of market headwinds. Publishing its interim H1 2019 trading update (period ending 30 June), the Stars Group has adjusted its 2019 revenue guidance to $2.5-2.58 billion mark (previous form $2.6-2.76 billion) and reduced its EBITDA guidance to $905-930 million, having previously held a 2019 earnings target …

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FOX Sports partnership sees The Stars Group make its US multimedia play

The governance of Toronto TSX-listed The Stars Group Inc has announced the foundation of its first US strategic joint venture ‘FOX Bet’ in partnership with national sports broadcaster FOX Sports a subsidiary of media conglomerate FOX Corporation. Updating investors, the Stars Group details that it will launch a ‘first-of-its-kind’ sports media and wagering venture working alongside FOX Sports. ‘The Stars …

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