Tag Archives: pokerstars

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

Rafi Ashkenazi – New look Stars Group will be online gambling’s MVP

Addressing The Stars Group Inc investors, Group Chief Executive Rafi Ashkenazi has detailed his firm’s newly enlarged global gaming vision, having completed three industry-defining acquisitions in under two months. As the global betting sector prepares for a crucial summer of football trading, Ashkenazi states that the Stars Group has acquired ‘the world’s best online sportsbook in Sky Bet’. Combining Sky …

Read More »

Vadim Soloveychik: Luckbox will flip the script on esports-betting marketing

Having joined industry start-up Luckbox this April as first Chief Marketing Officer (CMO), former PokerStars executive Vadim Soloveychik has been tasked with delivering an effective and engaging esports-to-betting marketing strategy. SBC gets the lowdown on why Soloveychik and Luckbox will seek to ‘flip the script’ on industry marketing values and legacy engagement practices.   ______________________ SBC: As a new industry …

Read More »

Game Changer! The Stars Group agrees to acquire Sky Bet for $4.7 billion

Toronto TSX-listed The Stars Group Inc continues its M&A drive, confirming this morning that it has reached an agreement with private equity firm CVC Capital Partners and Sky Plc to acquire Sky Betting & Gaming (SB&G) outright. Seeking to create the world’s ‘most valuable, listed online gambling enterprise’, the Stars Group governance has put forward a ‘cash and stock transaction valued …

Read More »