Toronto TSX listed, The Stars Group has confirmed that it has launched its new Czech Republic betting property BetStars.cz. Last November, Czech news sources reported that the national regulator had approved Stars Group to extend its online gambling services, allowing the operator to add sports betting provisions to its existing casino and poker services. At the time, Stars Group management …
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The Stars Group completes legacy investments sell-off
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 …
Read More »The Stars Group sells entire stake in Jackpotjoy Plc for £45 million
Toronto TSX online gambling firm The Stars Group has moved to sell its entire stake in London-listed Jackpotjoy Plc. Issuing a market update, Stars Group has detailed that it has sold 5.6 million shares (7.5% shareholding) at a target price of 802p per share, netting gross proceeds of £45 million. The transaction was carried out by Stars Group through subsidiary …
Read More »The Stars Group hails ‘Stars Rewards’ loyalty program success in Q3 2017 trading
Presenting its Q3 2017 trading update (period ending 30 September), Toronto TSX-listed online gambling firm The Stars Group Inc, states that it is confident of achieving its full-year 2017 targets and expectations following robust trading and KPI gains. Updating the market, Stars Group would report Q3 2017 group revenues of $329 million, up 21% on corresponding Q3 2016’s $270 million. …
Read More »BetStars gains Czech Rep betting approval
Czech news sources have reported that The Stars Group online betting subsidiary BetStars, will become the first international betting operator to service the newly regulated Czech Republic online gambling market. Last week, Czech news sources reported that the Czech Finance Ministry had published details of approved licensed operators for its new online betting regime, with BetStars featuring as the sole …
Read More »Pokerstars unveil ‘Power Up’ – Poker with a twist
Pokerstars is set to roll out its new innovative hybrid poker game ‘Power Up’ as a real money option. It is to launch initially on the pokerstars.eu client, with the United Kingdom and rest of the world markets to follow ‘very soon,’ alongside various buy-ins of $1, $3, $7 and $15. On appearance ‘Power Up’ looks like a typical game …
Read More »The Stars Group appoints Christopher Coyne as new Chief Customer Officer
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 …
Read More »Positive KPIs see The Stars Group raise 2017 guidance
Updating the market, Toronto TSX-listed The Stars Group (formerly Amaya Inc) has announced that it has raised its full-year 2017 corporate guidance. Based on its current year-to-date performance, The Stars Group governance has detailed to investors that it will now target group corporate revenues of $1.28-1.31 billion, upping its prior forecast of $1.20-1.26 billion. The revised guidance will now see …
Read More »Amaya investors approve ‘The Stars Group’ name change
Following this month’s Annual General Meeting, Amaya Inc shareholders have approved the corporate name change of the company to ‘The Stars Group’. The name change proposition was put forward by Amaya governance last May following the firm’s Q1 2017 trading update. Following a shareholder vote, Amaya governance details that The Stars Group name change has gained outright stakeholder backing. The …
Read More »Amaya governance proposes name change to ‘The Stars Group Inc’
Further to publishing its Q1 2017 trading update, Amaya Inc governance has informed investors that it has moved to propose a corporate name change to ‘The Stars Group Inc’. The Toronto-listed gambling group informs that its proposed name change to The Stars Group will be voted on at the upcoming annual shareholders meeting. Further to the name change, Amaya governance …
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