Tag Archives: Sky Bet

New Giant! Sky Bet business report outlines Stars Group’s enlarged vision

As anticipated the governance of Toronto TSX-listed The Stars Group Inc, has today published its ‘business acquisition report’, disclosing the audited financial statement of its acquired Sky Betting & Gaming (Sky Bet) asset. Updating the market, the Stars Group governance highlights the enterprise changing capacity of Sky Bet, a market leading UK online betting operator which has recorded revenues of …

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Stars Group to publish Sky Bet business report on 17 September

Updating the market, the governance of Toronto TSX-listed The Stars Group Inc has confirmed that it will publish a ‘business acquisition report’ (BAR) related to its $4.7 billion takeover of Sky Betting & Gaming on Monday 17 September 2018. The report will include Sky Betting and Gaming’s audited financial statements for the fiscal year ending 30 June 2018 as well …

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Sky Bet steps up with minimum bet guarantee

Sky Bet has become the latest online UK operator, to roll out a minimum bet guarantee to its customers. The guarantee will allow punters to bet to win £500 on Class 1 and Class 2 races from 10am on the morning of the race. The new minimum bet, which also applies to restricted customers, means that Sky Bet has become …

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The Stars Group eyes all possibilities to maximise US growth

Having outlined that he was “very pleased” with The Stars Group interim performance, Group CEO Rafi Ashkenazi, states that he is open to further partnerships when it comes to capitalising on US expansion. Pending CMA approval, The Stars Group is on the brink of completing its $4.7 billion acquisition of Sky Bet, a transaction that will significantly strengthen its sports betting capabilities, …

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Stars Group revises guidance & accounting to reflect its enlarged identity

Toronto TSX-listed The Stars Group Inc has published its unaudited Q2 2018 results, and further revises its full-year corporate guidance, to reflect its new business entity having undertaken a series of transformative acquisitions. Updating the market, the Stars Group reports consolidated group revenues of $410 million up 29% on corresponding Q2 2017’s $305 million as the company reports growth across its …

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FA reveals new carding system for managerial misconduct

The English Football Association has revealed that for the upcoming season, red and yellow cards will be handed to managers for touchline misconduct. The sanctions will be enforced in the FA Cup, Football League, EFL Cup, EFL Trophy and National League, however in the Premier League managers will receive a verbal caution if the officials deem they have behaved irresponsibly. …

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Sky Bet launches new ‘Group Betting’ functionality

Online bookmaker Sky Bet has announced the launch of its new feature ‘Group Betting’, allowing its customer to form ‘community accumulators’. ‘The concept is for a group of friends to create a Group in which they build a Group Bet (Accumulator) by each member of the group making one selection each’ details Sky Bet in its product release. When the …

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Winning Post – The changing face of sports broadcasting

Perform Content - Copyright: dariy / 123RF Stock Photo

Global: sports rights – hi ho silva lining? MP & Silva has reportedly missed key payments to various rights holders (including EPL) and is in financial difficulties. MP & Silva (only fourteen years old) was once seen as one of the most successful sports rights management agencies and its potential fall signals something much bigger than corporate mismanagement. Significantly, one …

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Winning Post – Why time is of the essence for UK Parliament

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Regulation – Where’s the Harm? The publication this week of Britain’s first reporting framework for gambling-related harm offered a glimpse of future public policy debates – and set out a number …

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Stars Group finalises lucrative Sky Bet acquisition

The Stars Group has announced today that it has completed its previously announced acquisition of Sky Betting & Gaming. The deal, which is believed to be worth around  $4.7 billion, comes after the Stars Group successfully executed its public share offering raising $622 million in capital for this acquisition. Rafi Ashkenazi, The Stars Group’s Chief Executive Officer, commented on the deal: “This …

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