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Stars Group Inc (TSGI.TO)

TSGI.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fox Corp To Acquire ~5% Stake In Stars Group Inc
Thursday, 9 May 2019 

May 8 (Reuters) - Fox Corp ::STARS GROUP INC - CO AND FOX SPORTS, A UNIT OF FOX CORP ANNOUNCED PLANS TO LAUNCH FOX BET.STARS GROUP INC - STARS GROUP AND FOX SPORTS EXPECT TO LAUNCH TWO PRODUCTS IN FALL OF 2019 UNDER FOX BET UMBRELLA.STARS GROUP - FOX CORP TO ACQUIRE 14.4 MILLION NEWLY ISSUED COMMON SHARES IN CO, REPRESENTING 4.99% OF CO'S ISSUED & OUTSTANDING COMMON SHARES, AT $16.4408/SHARE.STARS GROUP - INTENDS TO USE NET PROCEEDS OF ABOUT $236 MILLION FOR GENERAL CORPORATE PURPOSES, TO PREPAY OUTSTANDING INDEBTEDNESS ON FIRST LIEN TERM LOANS.STARS GROUP INC - AS PART OF TRANSACTION, FOX SPORTS WILL RECEIVE CERTAIN BRAND LICENSE, INTEGRATION AND AFFILIATE FEES.STARS GROUP - DURING TERM OF COMMERCIAL AGREEMENT, STARS GROUP HAS AGREED TO A MINIMUM ANNUAL ADVERTISING COMMITMENT ON CERTAIN FOX MEDIA ASSETS.STARS GROUP - BEFORE 10TH ANNIVERSARY OF AGREEMENT, UNDER SOME CONDITIONS FOX SPORTS HAS RIGHT ACQUIRE UPTO 50% EQUITY STAKE IN CO'S U.S. BUSINESS.  Full Article

Stars Group Reports Qtrly Adjusted Earnings Per Share Of $0.52
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Stars Group Inc ::THE STARS GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; PROVIDES 2019 FULL YEAR GUIDANCE.CURRENTLY ON TRACK TO DELIVER FULL $70 MILLION IN COST SYNERGIES FROM ACQUISITION OF SKY BETTING & GAMING WITHIN CURRENT YEAR ALONE.SEES 2019 REVENUE OF BETWEEN $2,640 MILLION AND $2,765 MILLION.QTRLY TOTAL REVENUE $652.9 MILLION VERSUS $360.3 MILLION.SEES 2019 ADJUSTED DILUTED NET EARNINGS PER SHARE OF BETWEEN $1.87 AND $2.11.QTRLY LOSS PER SHARE $0.14.SEES 2019 ADJUSTED EBITDA OF BETWEEN $960 MILLION AND $1,010 MILLION.QTRLY ADJUSTED EARNINGS PER SHARE $0.52.Q4 EARNINGS PER SHARE VIEW $0.44, REVENUE VIEW $665.6 MILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $2.17, REVENUE VIEW $2.74 BILLION -- REFINITIV IBES DATA.  Full Article

Stars Group To Become Authorized Gaming Operator Of The NBA In U.S.
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Stars Group Inc ::STARS GROUP - CO, NATIONAL BASKETBALL ASSOCIATION ANNOUNCED NEW MULTIYEAR PARTNERSHIP THAT WILL MAKE CO AN AUTHORIZED GAMING OPERATOR OF NBA IN U.S..  Full Article

Stars Group And Eldorado Resorts Enter Agreement
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Eldorado Resorts Inc ::THE STARS GROUP AND ELDORADO RESORTS ENTER AGREEMENT FOR ONLINE BETTING AND GAMING MARKET ACCESS.STARS GROUP INC - ELDORADO WILL RECEIVE A REVENUE SHARE FROM OPERATION OF APPLICABLE OFFERINGS BY STARS GROUP.STARS GROUP INC - WILL ISSUE ELDORADO APPROXIMATELY 1 MILLION COMMON SHARES AT A PRICE OF $23.22 PER SHARE FOR A VALUE OF $25 MILLION.STARS GROUP INC - WILL ISSUE ELDORADO ADDITIONAL $5 MILLION OF COMMON SHARES UPON STARS GROUP'S EXERCISE OF FIRST OPTION.STARS GROUP INC - ELDORADO WOULD BE ENTITLED TO ADDITIONAL COMMON SHARES OF STARS GROUP AT A PRICE OF $23.22 PER SHARE BEGINNING IN FIVE YEARS.STARS GROUP INC - AGREEMENT CURRENTLY COVERS 11 STATES.  Full Article

Stars Group Receives UK Competition & Markets Authority Clearance
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Stars Group Inc ::THE STARS GROUP RECEIVES UK COMPETITION & MARKETS AUTHORITY CLEARANCE FOR SKY BETTING & GAMING ACQUISITION; ANNOUNCES MANAGEMENT APPOINTMENTS.STARS GROUP INC - RICHARD FLINT IS APPOINTED AS EXECUTIVE CHAIRMAN OF SBG.STARS GROUP INC - RICHARD FLINT IS APPOINTED AS EXECUTIVE CHAIRMAN OF SBG.STARS GROUP INC - IAN PROCTOR IS APPOINTED AS CHIEF EXECUTIVE OFFICER OF SBG.STARS GROUP INC - CONOR GRANT IS APPOINTED AS CHIEF OPERATING OFFICER OF SBG.  Full Article

Sky Says It Completed Sale Of Sky Bet Stake To TSG
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Twenty-First Century Fox Inc ::SKY COMPLETES SALE OF SKY BET STAKE TO TSG.TRANSACTION IS PART OF A TRANSACTION UNDER WHICH CVC WILL SELL WHOLE OF ITS STAKE IN SBG TO STARS GROUP.  Full Article

The Stars Group Says Upsizing And Pricing Of Private Offering Of $1 Bln Of Unsecured Senior Notes
Friday, 29 Jun 2018 

June 28 (Reuters) - Stars Group Inc ::THE STARS GROUP ANNOUNCES UPSIZING AND PRICING OF PRIVATE OFFERING OF $1.0 BILLION OF UNSECURED SENIOR NOTES.SAYS NOTES WILL BE ISSUED AT PAR, BEAR INTEREST AT A RATE OF 7.0% PER ANNUM AND MATURE ON JULY 15, 2026.UPSIZING OF $1.0 BILLION UNSECURED SENIOR NOTES REPRESENTS AN INCREASE OF $250 MILLION FROM PREVIOUSLY ANNOUNCED OFFERING SIZE..  Full Article

The Stars Group Announces Pricing Of Public Offering Of Common Shares
Friday, 22 Jun 2018 

June 21 (Reuters) - Stars Group Inc ::THE STARS GROUP ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON SHARES.ANNOUNCED UPSIZING AND PRICING OF UNDERWRITTEN PUBLIC OFFERING OF COMMON SHARES AT A PRICE OF US$38.00 PER COMMON SHARE.  Full Article

The Stars Group Announces Proposed Public Offering Of Common Shares
Monday, 18 Jun 2018 

June 18 (Reuters) - Stars Group Inc ::THE STARS GROUP ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON SHARES.SAYS OFFERING 15 MILLION COMMON SHARES.SECONDARY OFFERING OF 6 MILLION COMMON SHARES BY CERTAIN SHAREHOLDERS.STARS GROUP - INTENDS TO USE NET PROCEEDS FROM TREASURY OFFERING, WITH DEBT FINANCING AND CASH ON HAND TO FUND ACQUISITION OF SKY BETTING & GAMING.  Full Article

Stars Group Appoints Observer To Board Of Directors
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Stars Group Inc ::THE STARS GROUP APPOINTS OBSERVER TO BOARD OF DIRECTORS AND ANNOUNCES AGREEMENT WITH MR. TANG HAO.STARS GROUP - ‍ENTERED AGREEMENT WITH TANG HAO, HIS AFFILIATED ENTITY DISCOVERY KEY INVESTMENTS, WHICH CURRENTLY HOLD 26.5 MILLION SHARES OF CO.STARS GROUP INC - ‍MELVIN YANMIN ZHANG APPOINTED AS OBSERVER MEMBER OF BOARD OF STARS GROUP AS A NOMINEE OF TANG, EFFECTIVE IMMEDIATELY​.STARS GROUP - ‍ZHANG WILL SERVE AS OBSERVER UNTIL APPROVALS FROM SOME OF CO'S GAMING REGULATORY AUTHORITIES, AT WHICH POINT HE WILL JOIN BOARD.  Full Article

CANADA STOCKS-TSX futures rise on higher oil prices

March 29 Futures pointed to a higher opening for Canada's main stock index on Friday, as oil prices gained in the wake of OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela.