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Acquisitions drive strong first quarter growth for The Stars Group

16th May 2019 7:24 am GMT
The Stars Group

Toronto-listed operator The Stars Group has reported a 48 per cent increase in total revenue to US$580.4m for the first quarter of 2019, including $230.2m from newly acquired businesses Sky Betting & Gaming (SBG) and BetEasy.

The company posted a 11 per cent decline in International revenue to $340.6m, comprising TSG’s existing business prior to the acquisitions, with the UK segment (consisting of the SBG business) contributing $179.1m and Australia a further $62.2m in revenue.

“During the [...]

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