The first responsibility of a leader is to define reality. The last is to say thank you. In between, the leader is a servant.
—Max DePree
| INVITE FRIENDS! |
| Hoping for the best |
The Stars Group (TSG) is managing its expectations for 2018 as it continues its ventures in the Australian and Russian markets.
It's a win-some-lose-some situation.
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.
| BECKY'S AFFILIATED |
How SBC will better serve the sports betting industry in 2018
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.
| FEATURED VIDEO |
iGaming Asia Congress 2018 day 2 summary
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.
| FROM COINGEEK.COM |
Blockchain technology may not be the solution to blood diamonds
The proposal to use blockchain technology in tracking diamonds and other minerals begs the question: is it worth the effort?
| GLOBAL ROUND UP |
| ASIA |
The Cambodian legislature is set to file a casino bill that will prepare the country to become a major Southeast Asian gambling hub.
| EUROPE |
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.
| NORTH AMERICA |
February was a record month for New Jersey as the revenue from its online gambling licensees was $30k higher than the previous month.
Analysts could only think of two reasons on why the embattled Wynn Resorts has retreated in its legal offensive against Kazuo Okada.
| SOUTH AMERICA |
The South American country is the online gambling licensees’ paradise that keeps on giving.
| FACT YOU NEED TO KNOW |
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.
| PRESS RELEASE |
Biggest ever Betting on Football takes on truly international agenda
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.
| SHOUT OUT |
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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