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Tag Archives: The Stars Group

US – The Stars Group announces reversal of $870m Kentucky judgement

The Kentucky Court of Appeals has ruled in the favour of The Stars Group and reversed in its entirety the $870m judgement issued against it by a trial court judge in December 2015. The Court of Appeals stated “allowing a complaint, like the one put forth by the Commonwealth, to move forward would lead to…

UK – The Stars Group signs up for payment solutions with MuchBetter

MuchBetter has become a payments provider to The Stars Group, bringing MuchBetter’s iGaming payments solution to the Company’s leading online gaming brands. MuchBetter is now available as an option to The Stars Group’s millions of active customers in selected markets and on selected brands, including PokerStars, PokerStars Casino, BetStars, and Full Tilt, through the MuchBetter…

Canada – Pokerstars concludes largest-ever online poker series

The Stars Group today announced that its PokerStars World Championship of Online Poker (WCOOP) concluded earlier this week as the largest-ever online poker series with more than 1.1m entries. The tournament awarded nearly $100m in prizes during the two-week long schedule of events, comfortably exceeding its advertised guarantee of $70m and surpassing last year’s series…

US – PokerStars and BetStars to roll out with with Resorts Casino

The Stars Group and Resorts Casino Hotel have extended their existing partnership in the New Jersey regulated online gaming market to include online and mobile sports wagering through the BetStars brand alongside the already existing online poker and casino offering available through the PokerStarsNJ brand. The Stars Group will bring its online and mobile-led betting…

Canada – Stars to create ‘world’s largest publicly listed online gaming company’

The Stars Group is buying Sky Betting & Gaming from CVC Capital Partners and Sky in a cash and stock transaction valued at $4.7bn. This combination will result in what Stars said is ‘the world’s largest publicly listed online gaming company.’ “The acquisition of Sky Betting & Gaming is a landmark moment in The Stars…

Canada – Stars Group confirms biggest ever Spring Championship of Online Poker

The Stars Group has announced that its 2018 PokerStars Spring Championship of Online Poker (SCOOP) will offer a guaranteed prize pool of $65m, the largest in PokerStars’ history, and approximately $10m larger than last year’s guarantee. The annual online event, which celebrates its tenth anniversary this year, will take place from May 6 through 21…

Canada – The Stars Group grows casino and sportsbook

The Stars Group, owners of the PokerStars brand, celebrated an evolutional and transformational year with revenues for the quarter and year increasing by 16.1 per cent and 13.6 per cent respectively. “2017 marked our evolution and transformation into The Stars Group,” said Rafi Ashkenazi, Chief Executive Officer. “We maintained our global dominance in online poker,…

Australia – The Stars Group buys majority interest in CrownBet

The Stars Group has bought a 62 per cent equity interest in CrownBet Holdings Pty Limited for an aggregate amount of approximately $117.7m. CrownBet, which launched in 2014 in Australia, the world’s second largest regulated sports betting market, is one of Australia’s fastest growing online sportsbooks with unaudited annual revenues growing from approximately A$76.5m in…

Canada – Stars Group launches PokerStars Power Up

The Stars Group has launched PokerStars Power Up, an innovative new variant of online poker that combines the competitiveness and strategy of traditional poker with the thrills and excitement of modern video games. PokerStars Power Up features specially designed graphics that bring the game to life through immersive visual and audio effects and multiple avatars…