Tag Archives: Stars Group
Canada – Enlarged Stars Group boosted by new acquisitions in 2018
The Stars Group described 2018 as a ‘landmark year’ with driven by growth in the international segment, primarily through the continued development of its real-money online casino and sports betting offerings. “2018 was a landmark year for the company,” said Rafi Ashkenazi, The Stars Group’s Chief Executive Officer. “We completed the acquisitions of Sky Betting…
UK – Stars Group cleared to buy Sky Betting & Gaming
The UK Competition & Markets Authority (CMA) has cleared The Stars Group’s acquisition of Sky Betting & Gaming following its Phase 1 review under the Enterprise Act 2002. The Stars Group completed the acquisition on July 10, 2018, and can now begin executing on its integration plans. Following CMA clearance and effective immediately, The Stars…
Canada – Stars Group enjoys 34.8 per cent increase in second quarter
The Stars Group saw its revenues increase by 34.8 per cent year-over-year in its second quarter boosted by the World Cup, the new sports betting market in the US and developments for the company in Australia. Poker revenues increased by 3.8 per cent, driven by the continued positive impact of the Stars Rewards loyalty program,…
US – Mount Airy and Stars Group to launch online offering
The Stars Group and Mount Airy Casino Resort are making their move on Pennsylvania’s online sports wagering and gaming market. Under the partnership, The Stars Group will provide customers in Pennsylvania an all-inclusive, engaging experience by offering its popular poker, casino (including slots and tables) and sports wagering products. The Stars Group and Mount Airy…
Canada – Stars Group completes Sky Betting & Gaming purchase
The Stars Group has completed its purchase of Sky Betting & Gaming for US$4.7bn in a move that ‘dramatically improves The Stars Group’s revenue diversity, creating a balanced spread across poker, casino and sportsbook with a broad geographic reach.’ “This acquisition represents a pivotal moment in The Stars Group’s evolution,” stated Rafi Ashkenazi, The Stars…
UK – Stars Group launches biggest prize in online sports betting history
The Stars Group, through its flagship PokerStars, BetStars and PokerStars Casino brands, has announced the biggest prize in online sports betting. The launch of the Stars £100m Challenge puts customers just 64 correct selections away from a life-changing £100m prize during the World Cup. Every entrant will also be entered onto the Leaderboard Challenge where…
Czech – Betstars launches in Czech
Online betting site BetStars, the sports brand of The Stars Group, has become the first international sports betting operator to launch in the Czech Republic. BetStars.cz is available across desktop, web and mobile devices on both iOS and Android to players in the Czech Republic. Under the provisions of its license, which was granted by…
Canada – Stars Group sells off non-core investments
The Stars Group has completed the sale of its ordinary shares of Jackpotjoy, representing approximately 7.5 per cent of Jackpotjoy’s then issued and outstanding ordinary shares, for net cash proceeds of $59.5m. This sale follows The Stars Group’s November 2017 sale of its securities of NYX Gaming and a subsidiary thereof, representing approximately 13.7 per…
Czech – Stars Group’s Betstars licensed in Czech
The Stars Group’s BetStars sports betting brand has become the first international sports betting operator to become licensed in the Czech Republic, following approval this week by the Czech State Supervision of Gambling and Lotteries. The Stars Group expects to launch in the jurisdiction later this year. This past January, The Stars Group’s flagship brand,…
