The executive team of Toronto TSX-listed The Stars Group Inc has today disclosed the firm’s medium-to-long term directives, having significantly enlarged its global identity acquiring Sky Betting & Gaming (Sky Bet) and the Australian assets of CrownBet and William Hill Australia. Today in New York, the Stars Group hosted its ‘Investor Day’, outlining core potential growth opportunities, medium-term financial planning, …
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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 …
Read More »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 …
Read More »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 »Sky Bet promotes ‘trusted hand’ Ben Wright to lead safer gambling agenda
The new executive team of Sky Betting & Gaming (Sky Bet) has moved to create a new in-house role focusing on developing safer gambling directives, procedures, schemes and communications. Sky Bet, the new online sportsbook property of Toronto TSX-listed The Stars Group Inc, has developed the senior management role of ‘Head of Safer Gambling’, which will be fronted by Ben …
Read More »The Stars Group unites with Eldorado to enhance market access
As part of a 20-year definitive agreement with Eldorado Resorts, The Stars Group (TSG) will gain access to Eldorado Resorts’ online sports betting skins in the states where Eldorado owns or operates casino properties. The deal is structured so that TSG gets first skin rights for Eldorado’s multiple casino property states, and ‘second skin’ for all others. Additionally, TSG will have an option to access …
Read More »New look Stars Group shows first glimpse of its enlarged capacity
Toronto TSX-listed The Stars Group Inc has published its first trading update as an enlarged enterprise, incorporating the acquired assets of Sky Betting & Gaming (Sky Bet) and BetEasy Australia. Closing a group-wide transformative period, the Stars Group announces Q3 2018 (period ending 30 September) group revenues totalling $570 million (Q3 2017: $330m). The Toronto enterprise displays its enlarged …
Read More »BetEasy swoops in as competitors crash on Melbourne Cup day
BetEasy was the biggest benefactor in Australia as sports betting sites Sportsbet, Ladbrokes and Betfair all crashed on Melbourne Cup day – the biggest day on the nation’s betting calendar. As reported by The AGE, punters on Sportsbet, Ladbrokes and online betting exchange Betfair were temporarily unable to place bets on their smartphone apps or computers, while Tabcorp also reported …
Read More »Industry giants headline shortlists for SBC Awards 2018
Industry giant bet365 will be hunting a famous fifth consecutive Bookmaker of the Year title at this year’s SBC Awards, but an array of big hitters are ready to steal the show in front of more than 700 attendees at a stunning London venue – The Artillery Garden at the HAC. The shortlists for the 38 prizes were confirmed this …
Read More »The Stars Group eyes all possibilities to maximise US growth
Having outlined that he was “very pleased” with The Stars Group interim performance, Group CEO Rafi Ashkenazi, states that he is open to further partnerships when it comes to capitalising on US expansion. Pending CMA approval, The Stars Group is on the brink of completing its $4.7 billion acquisition of Sky Bet, a transaction that will significantly strengthen its sports betting capabilities, …
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