Tag Archives: Stars Group

Stars Group sanctions full buyout of BetEasy Australia

The Stars Group governance has enforced its majority rights to acquire the remaining 20% shareholding in Australian market subsidiary BetEasy. Issuing a corporate filing, Stars Group confirms that it has agreed with minority investors to purchase BetEasy’s remaining shareholding for AUS $151 million (€93m) – with governance further agreeing to settle AUS $100 million (€60m) in previous performance incentives related …

Read More »

Andrew Higginson frontrunner to chair Flutter-Stars enterprise

UK media reports further boardroom changes for FTSE betting groups, as Flutter Entertainment eyes its next Chairman appointment to replace incumbent Gary McGann in 2020. This weekend, The Sunday Times reported that Flutter’s new Non-Executive Director Andrew Higginson was the frontrunner to replace Gary McGann (69), who is set to retire next year. Higginson, who serves as the current Group …

Read More »

Enlarged Stars Group focuses on debt reduction despite Flutter movements

Toronto TSX-listed The Stars Group Inc underlines its corporate focus of integrating its new international sportsbook assets and reducing its debt load, after publishing its Q3 2019 trading update (period ending 30 September). Incorporating the assets of Sky Bet (UK) and its newly formed Australia division merging Crownbet and William Hill AUS, the Stars Inc records an 8% increase in Q3 …

Read More »

Flutter continues to feel the effect of FOBT ruling during Q3

Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …

Read More »

Adthena: Dancing in the dark… why competitive visibility is a US winner

When the legal sports betting market in the US kicked off last year, it opened up a billion-dollar industry for bookmakers and affiliates. It’s a brand new competitive landscape where everything’s up for grabs, the competitors are yet to be determined, and the first order of business is to acquire as many players as you can, as fast as you …

Read More »

Betting operators join payments suppliers for Payment Expert Forum line-up

Payment Expert Forum at Betting on Sports 2019

Payment Expert Forum, the only event for payments technology in the online gambling industry, has attracted an impressive speaker line-up that includes senior staff from leading operators such as GVC Holdings, Stars Group, Pinnacle and Betsson Group, and payments solutions suppliers Trustly, SafeCharge, Hipay and Checkout.com. Organised by SBC in partnership with PaymentExpert.com, the event at Olympia London on Wednesday …

Read More »

The Stars Group reviews UK media planning strategy

UK marketing news sources have reported that an enlarged Stars Group Inc, is currently reviewing its UK media strategy. Having absorbed the assets of Sky Betting & Gaming (Sky Bet) in 2018, the Toronto TSX-listed enterprise is assessing whether to combine its UK media planning and buying accounts as part of its post-acquisition realignment. At present, the Stars Group’s PokerStars …

Read More »

Rafi Ashkenazi: Stars Group will take advantage of UK disruption

Rafi Ashkenazi, Chief Executive of the Stars Group Inc, has stated that effective integration of Sky Betting and Gaming (SBG) assets will simply lead to an enlarged Stars Group taking a larger market share of UK gambling. During the close of 2018, all listed gambling operators detailed tough trading, adjusting to new UK market conditions. For Ashkenazi, this represents the …

Read More »

BetEasy pens Australia sports betting agreement with NBA

The National Basketball Association (NBA) has penned an exclusive agreement with Stars Group-owned BetEasy to enter into its first ever sports betting partnership in Australia. As part of the agreement, BetEasy will have access to and be able to use official NBA betting data and marketing materials. In addition, BetEasy will work closely with the NBA to protect the game’s …

Read More »

Toby Bentall to take up CEO role at rebranded Oddschecker Global Media

Oddschecker Managing Director Toby Bentall will take up the role of CEO at the newly rebranded Oddschecker Global Media. The rebrand comes as Oddschecker merges with iBus Media, majority owned by Stars Group, to create a ‘new superpower affiliate business’, PokerTube has reported. The merger is a result of Stars Group’s acquisition of Sky Bet, with the Toronto TSX-listed firm …

Read More »