The Stars Group is a leading provider of technology-based product offerings in the global gaming and interactive entertainment industries.
The Stars Group directly or indirectly, including through Sky Betting & Gaming and its Stars Interactive Group division, owns or licenses gaming and related consumer businesses and brands, such as PokerStars, PokerStars Casino, BetStars, Full Tilt, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, Sky Poker, and the PokerStars Players No Limit Hold’em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK live poker tour and event brands.
These brands together have millions of registered customers globally and collectively form the largest poker business in the world, comprising online poker games and tournaments, sponsored live poker competitions, marketing arrangements for branded poker rooms in popular casinos in major cities around the world, and poker programming and content created for television and online audiences. The Stars Group, through certain of these and other brands, also offers non-poker gaming products, including casino and sportsbook.
The Stars Group, through certain of its subsidiaries, is licensed or approved to offer, or offers under third party licenses or approvals, its product offerings in various jurisdictions throughout the world, including in Europe, both within and outside of the European Union, Australia, the Americas and elsewhere. In particular, The Stars Group, through its subsidiaries, currently holds gaming licenses or approvals in 19 jurisdictions, with PokerStars being the world’s most licensed online gaming brand, holding 17 of such licenses or approvals.
Canada-based The Stars Group has reported over US$2 billion in total revenues over the course of the year 2019, which was up 24.6 percent year-on-year. This higher revenue was driven by the acquisitions of Sky Betting & Gaming and BetEasy. Adjusted EBITDA was US$921 million, a 17.9 percent advance over the previous year. Growth was […]
Canada-based The Stars Group said it agreed to buy out minority shareholders in BetEasy, its Australian sports betting unit for AS$151 million ($103.2 million).
The Stars Group has announced it will be cutting staff at its Isle of Man office, citing operational difficulties that its Pokerstars brand has faced in international markets. The group has not confirmed the number of people to be made redundant but it is believed the company currently employs around 400 members of staff on […]
Stars Group has set it sights on Russia, saying it intends to obtain a bookmarking licence and will promote its PokerStars brand on a local cable channel.
Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.
Australian online bookmaker Sportsbet has won an injunction order which prevents CrownBet from changing its name to ‘Sportingbet’, local media reports. CrownBet, which was formerly majority owned by casino operator Crown Resorts, sold its 62 percent stake to The Stars Group in February. The company was planning to rebrand itself to Sportingbet Ptd Ltd. However, […]
The Stars Group on Tuesday announced it has completed its acquisition of Sky Betting & Gaming, creating the world’s largest publicly listed online gaming company. “This acquisition represents a pivotal moment in The Stars Group’s evolution,” stated Rafi Ashkenazi, The Stars Group’s chief executive officer. “SBG’s mobile-focused sportsbook pairs well with our industry-leading poker offering […]