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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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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Toronto TSX-listed The Stars Group Inc has today published a market update disclosing the target price attached to its public share offering, first announced on Monday 18 June 2018. The Stars Group governance will move forward on a $38.00 per common share price, with the company having secured underwriters to purchase 17 million common shares, with a further 8 million …
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The Stars Group, through its flagship PokerStars, BetStars and PokerStars Casino brands, has announced the biggest prize in online sports betting with the launch of the Stars £100 Million Challenge. The competition puts punters 64 correct selections away from winning a life-changing prize of £100 million during this summer’s much anticipated World Cup. Straightforward and free to enter, this contest …
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The degree to which the fortunes of the Stars Group and William Hill have diverged since their failed merger talks 18 months ago provides an interesting counterpoint to the current obsession with sector M&A. A recent note on Stars published by the Canadian analyst team at Canaccord Genuity noted that the company’s share price rose 54 percent in 2017, placing …
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Updating the market, Toronto TSX-listed online gambling firm The Stars Group Plc has informed that it has completed a divestiture of all corporate legacy investments. The Stars Group confirms the complete the disposal of its 7.5% shareholding in London-listed online gambling firm Jackpotjoy Plc for net cash proceeds of $60 million. The company had alerted investors last week that it would proceed …
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Toronto TSX-listed online gambling firm The Stars Group Inc, has confirmed the appointment of Christopher Coyne as new Group Chief Customer Officer (CCO). An experienced marketing and digital technology executive, Coyne joins the Stars Group executive team from Australian leisure and casino operator Crown Resorts, where he served as Chief Marketing Officer (2017-2017). Taking on the role of CCO, Coyne …
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Toronto TSX-listed The Stars Group (formerly Amaya Inc) has today published its H1 2017 interim results (period ending 30 June) detailing continued growth across all its core reporting metrics. Driven by high player activity across its product channels, Stars Group would report H1 2017 group revenues of $622 million, up 8% on corresponding 2016’s $574 million. A pleased Stars Group …
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