Tag Archives: The Stars Group

The Stars Group gains Australian vision acquiring 62% stake in CrownBet

Updating the market, Toronto TSX-listed The Stars Group Inc has confirmed that it has acquired a majority 62% holding in Australian online betting operator CrownBet Holdings, for an aggregated sum of $117 million (€95 million). The Stars Group, acquires its controlling stake in CrownBet, from Australian casino and leisure operator Crown Resorts Limited, who had placed the online bookmaker up …

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The Stars Group promotes Christopher Coyne to Group Marketing lead

Toronto TSX-listed online gambling firm The Stars Group Inc has confirmed the promotion of Christopher Coyne to the leadership position of Group Chief Marketing Officer (CMO) with immediate effect. Coyne has previously served as Chief Customer Officer (CCO) since September 2017, joining The Stars Group executive team from Australian casino & leisure operator Crown Resorts Ltd, where he served as …

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“Industry leading” LAC 2018 speakers unveiled by iGB Affiliate

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The line-up of speakers set to feature at next week’s 2018 London Affiliate Conference (LAC), to be hosted at the ExCeL, has been announced by iGB Affiliate. Set to be the biggest in its history, the event is due to welcome in excess of 5,000 delegates, of which it has been stated 3,500 will be affiliates, through its doors. Andor …

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Stars Group appoints Observer to its Board of Directors

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The Stars Group Inc. has announced today that it has entered into an agreement with Mr. Tang Hao and his affiliated entity Discovery Key Investments Limited. Mr. Tang Hao currently holds 26,455,200 common shares of the Company, representing approximately 17.9% of the outstanding common shares of The Stars Group. In connection with that agreement, Melvin Yanmin Zhang has been appointed …

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BetStars enters tricky Czech market

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

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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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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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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 …

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Pokerstars unveil ‘Power Up’ – Poker with a twist

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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 …

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