![]() The last is to say thank you. In between, the leader is a servant. ![]() —Max DePree |
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15th March 2018 | SHARE THIS
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The Story | |||||
The Stars Group (TSG) is managing its expectations for 2018 as it continues its ventures in the Australian and Russian markets. |
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It's a win-some-lose-some situation. |
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The good news is that the company’s revenue improved by 13.6% to $1.31b, while adjusted earnings gained 14.5% to $600m, and net earnings shot up 91.3% to $259.3m. TSG also reported that its casino and sportsbook revenue was up 45.4% to $384m. As to its situation in Australia, the company’s acquisition of the majority stake in CrownBet and William Hill Australia made it the market’s third-largest operator. For the not-so-good news, TSG said that its revenue will take a hit due to Russia’s crackdown on online gambling operators during the World Cup in May. The prohibition affects gambling operators that do not hold a Russian license. |
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How SBC will better serve the sports betting industry in 2018 |
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SBC’s Managing Director Andrew talks with CalvinAyre.com’s Becky Liggero on how his company will help operators tread the turbulent tides of industry regulation. |
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iGaming Asia Congress 2018 day 2 summary |
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CalvinAyre.com’s Stephanie Tower is back at the Grand Hyatt Hotel in Macau to bring the highlights of the second day of the iGaming Asia Congress 2018. |
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Blockchain technology may not be the solution to blood diamonds |
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The proposal to use blockchain technology in tracking diamonds and other minerals begs the question: is it worth the effort? |
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‘Positive’ gambling reforms attracting more investors to Cambodia | |||||
The Cambodian legislature is set to file a casino bill that will prepare the country to become a major Southeast Asian gambling hub. |
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Sportech shares lose half their value after failing to find buyer | |||||
The shares of the company tumbled down from 77.8p to 31.5p following the announcement that its formal sale process failed to deliver its desired results. |
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New Jersey online gambling revenue record in shortest month | |||||
February was a record month for New Jersey as the revenue from its online gambling licensees was $30k higher than the previous month. |
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Let bygones be bygones: Wynn Resorts withdraws legal claims vs. Okada | |||||
Analysts could only think of two reasons on why the embattled Wynn Resorts has retreated in its legal offensive against Kazuo Okada. |
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Sportium wins Colombia’ ninth online gambling license | |||||
The South American country is the online gambling licensees’ paradise that keeps on giving. |
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Argentina, which is widely considered as the “Las Vegas of South America,” has generated US$6.2b in last year from its gambling industry. The said amount is enough to cover country’s national health budget for 2017 twice over. |
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Biggest ever Betting on Football takes on truly international agenda |
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Exciting topics beyond the beautiful game will be tackled in the upcoming Betting on Football conference on March 20 to 23 at the Stamford Bridge. |
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Congratulations to Samuel Dessaix-Porter for winning the APL Million at the Star Casino in Australia! The 25-year-old topped a field of 1,041 entrants to win the $247,500 first prize. He is also set to compete in the World Series of Poker (WSOP) Monster Stack in the summer. |
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Want to be a guest contributor? Email bill@calvinayre.com |
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