Login/Register
NetEnt
NetEnt
Solitics
BigTimeGaming

The Stars Group acquires controlling stake in Australia’s CrownBet

27th February 2018 12:27 pm GMT
The Stars Group

Toronto-listed gaming operator The Stars Group has acquired a 62 per cent stake in Australian online sportsbook operator CrownBet.

The Stars Group acquired its equity interest in the operator for an aggregate amount of USD$117.7m in an all-cash transaction, funded from cash in hand.

The transaction was completed with a consortium of CrownBet's shareholders, including chief executive Matthew Tripp.

The shareholder consortium led by Tripp was announced as the acquirer of CrownBet in late 2017, although The Stars Group's involvement [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Pragmatic Play
Skywind
Greentube
EveryMatrix
Playtech
Solitics