Tag Archives: pokerstars

Rising Stars and Hill slides – divergent tracks after merger talks

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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Lars Lien – Luckbox… Prepare for a unique player in 2018!

Aiming to launch in 2018, Luckbox (Luckbox.com) is the latest industry incumbent seeking to effectively bridge sports betting and esports dynamics. Luckbox CEO & Founder Lars Lien speaks to SBC on his company’s unique take on esports customer engagements, which it believes will help it deliver the industry’s best esports betting platform. Furthermore, Lien details his firm’s intriguing journey from its …

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The Stars Group completes legacy investments sell-off

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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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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 …

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Red Tiger Gaming strikes William Hill deal

Red Tiger Gaming has announced a new partnership with William Hill, who in turn have become the first Gibraltar licensed operator to have have access to its full suite of products. Under the terms of the deal, Red Tiger’s online casino games portfolio and player management software are to be integrated. WIlliam Hill Vegas is the first platform to feature …

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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. …

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Cheap and deep Pokerstars MEGASTACK heads to Malta

poker - Copyright: studio3321 / 123RF Stock Photo

Malta’s Portomaso Casino is to see a return of the Pokerstars MEGASTACK series, following a successful stop earlier this year. The addition to the schedule will see the grassroots tournament stage it’s €40,000 guaranteed main event between 19-22 October, with online satellites running from September 24 to October 18. Aimed at delivering live poker at a low cost, the appeal …

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The Stars Group ups 2017 earnings guidance following ‘busy’ H1 2017

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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PokerStars tops Italian casino charts

Issuing a market update, Amaya Inc subsidiary PokerStars has declared that its online casino product has become ‘Italian market leader’ just two years after being officially launched. Backing its claim, PokerStars points to a June report by regulator the Amministrazione Autonoma dei Monopoli di Stato (AAMS), in which its online casino has taken circa 8.85% of GGR market share. PokerStars …

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