Tag Archives: The Stars Group

Toronto TSX-listed The Stars Group Inc has published its unaudited Q2 2018 results, and further revises its full-year corporate guidance, to reflect its new business entity having undertaken a series of transformative acquisitions. Updating the market, the Stars Group reports consolidated group revenues of $410 million up 29% on corresponding Q2 2017’s $305 million as the company reports growth across its …

The merger of CrownBet and William Hill Australia, formed under the majority ownership of Toronto TSX-listed The Stars Group Inc has led to the upcoming relaunch of ‘BetEasy’. Under the leadership of Australian industry veteran Matt Tripp, BetEasy will seek to become the leading player in the much-changed Australian online betting sector. Tripp had previously operated legacy online betting brand …

The Stars Group has announced today that it has completed its previously announced acquisition of Sky Betting & Gaming. The deal, which is believed to be worth around  $4.7 billion, comes after the Stars Group successfully executed its public share offering raising $622 million in capital for this acquisition. Rafi Ashkenazi, The Stars Group’s Chief Executive Officer, commented on the deal: “This …

Issuing a corporate update, Toronto TSX-listed the Stars Group Inc has informed that it will add a further $250 million to its proposed private unsecured senior note/loan offering. Seeking to complete its $4.7 billion acquisition of Sky Betting & Gaming (Sky Bet), the Stars Group governance will move to expand its senior debt-financed loan to $1 billion (transaction first announced …

Updating the market, Toronto TSX-listed The Stars Goup Inc completes a busy week in which the company has successfully executed its public share offering raising $622 million in capital for its acquisition of Sky Betting & Gaming (Sky Bet). Last week, the Stars Group governance alerted investors that it would proceed with a new public share offering selling a combined …

Moving to complete its $4.7 billion acquisition of Sky Betting & Gaming (SB&G), Toronto TSX-listed the Stars Group Inc, has further announced that it will launch a private unsecured loan offering for $750 million. Updating the market, the Stars Group governance will undertake its additional $750 million debt financing through private/institutional investors, with the loan placement set to mature in …

Issuing a corporate update, Toronto TSX-listed The Stars Group Inc, has today disclosed its supplementary prospectus related to its proposed new public share offering. Updating the market, the Stars Group’s treasury will move to implement a 15 million common share placement, which will be additionally supported by secondary 6 million share disposal undertaken by existing corporate shareholders. Stars Group governance …

Richard Thorp, Business Development Director at FSB, unpacks how US operators can stave off the transatlantic assault of Britain’s best bookmakers if they choose their suppliers wisely for sports betting’s grandest repeal. When Oscar Wilde wrote that Britain and the United States were two countries separated by a common language, he probably didn’t envisage sports betting getting in the way …

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 …

An enlarged CrownBet has confirmed the appointment of Mark Gay as Chief Digital Director (CDD). Gay replaces incumbent Steve Maidment, who announced his departure from the Australian online bookmaker earlier this year. A seasoned technology and enterprise strategist, Gay joins CrownBet’s executive leadership team from Australian online retail bank ME (Members Equity), where he served as Chief Intelligence Officer (2015 …