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Online poker and casino deliver record Q1 revenue for The Stars Group

17th April 2020 9:57 am GMT
The Stars Group

The Stars Group (TSG) said Friday that it expects first quarter revenue to be 27 per cent higher than Q1 2019 as strong growth in gaming revenue offsets a decline in sports betting.

Total revenue in Q1 2020 is expected to amount to US$735m compared to $580m a year ago, with operating income estimated at between $140-$149m, an increase of more than 100 per cent year-on-year.

The predicted record Q1 performance was driven by strong underlying momentum [...]

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