Tag Archives: pokerstars

Argentine players seek international tie-ups to secure BA-7 licenses

Argentine news reports of a ‘diverse cast’ of national and international operators vying to secure one of seven Buenos Aires province online gambling licenses. On Monday, the Buenos Aires executive closed its ‘window of submissions’ for operators seeking to join BA’s regulated online gambling marketplace. Argentina’s first legislative code for online gambling was approved last April, as BA districts sanctioned the …

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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 …

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Q4 revenues highlight growth potential for enlarged Stars Group

Toronto TSX-listed The Stars Group Inc has published its Q4 and full-year 2018 accounts, detailing that it has completed a ‘landmark year’, laying the foundations for its future global growth initiatives. Incorporating the assets of Sky Bet and BetEasy Australia, an enlarged Stars Group records group revenues of $2.1 billion (FY2017: $1.3bn), with the company detailing that it now operates …

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Sky Bet freezes Italia property preparing for Stars transition

Sky Betting & Gaming (Sky Bet) has frozen user access and transactions to its Italian sports betting property – Sky Bet Italia (SkyBet.it), as the online gambling group prepares to merge its assets with new owner The Stars Group Inc. Sky Bet has confirmed to SBC, that it has no plans to withdraw its brand or services from the Italian …

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PokerStars strengthens sponsorship hand with UFC partnership

PokerStars became the UFC’s first-ever ‘Official Poker Partner’ at last weekend’s UFC 232 event, which took place at the The Forum in Inglewood, California. The partnership saw the creation of a new sponsorship category, underlining the UFC’s continued quest for marketing expansion.  At the hugely successful event, PokerStars enjoyed a branded presence inside the world-famous Octagon at UFC’s final Pay-Per-View …

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Instant payment from MuchBetter to lift Casumo conversion

Casumo

MuchBetter has struck a new deal to provide players on Casumo with a new instant deposit and payout option. The iGaming payments company will also lower the transaction costs for the online casino through applying its unique commercial model, whereby operators are only charged based on each player’s net balance over a month. With the MuchBetter e-wallet, players can instantly …

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The new betting ecosystem: sharks, fish, whales and the trawlermen – part 2

Are schools of bloated sharks an accepted cost of doing business? In the second and final part of this series, Kevin Dale navigates through the choppy waters of minimum bet liabilities, player restrictions, volume incentives, premium charges and how to adapt to the new ecosystem. _____________________________ Amongst the player to player, or P2P models, pools companies have welcomed winners for …

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The Stars Group sets $38 target for new public share offering

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 shows commercial muscle ahead of monster enlargement

Toronto TSX-listed The Stars Group Inc, has today published its Q1 2018 trading update (period ending 31 March), detailing strong corporate progress as the firm prepares for a significant enlargement of its operations, products/services, and overall business entity. The TSX enterprise reports growth across its core corporate metrics and KPIs, recording period group revenues of $393 million, up 23% on …

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The Stars Group unveils World Cup £100 Million Challenge

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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