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Latest TSG News From Around the Web
Below are the latest news stories about Stars Group Inc that investors may wish to consider to help them evaluate TSG as an investment opportunity.
Gambling boss drives merger to completion in uncertain timesThe 200-person trading floor at Flutter Entertainment’s Dublin headquarters is where you “get a feeling for what our business actually is”, says Peter Jackson, the gambling company’s chief executive. Where a “visceral passion for sport and data” helps create Flutter’s key product: bets. When coronavirus hit, Flutter told its employees to work from home, relocating its normally noisy traders and their multiple computer screens and headsets to their bedrooms and dining rooms. |
Stars Group Holdings B.V. (The) -- Moody's places ratings of Stars Group (B2 CFR) on review for upgradeMoody's Investors Service ("Moody's") today placed all the rating of The Stars Group Inc. ("TSG", "Stars") on review for upgrade, including the company's B2 Corporate Family Rating ("CFR"), B2-PD Probability of Default Rating, as well as the B1 senior secured and Caa1 senior unsecured ratings of The Stars Group Holdings B.V. The company's Speculative Grade Liquidity rating remains SGL-1. The review for upgrade reflects the closure of the acquisition of the company by Flutter Entertainment Plc, with Flutter shareholders owning 54.64% of the combined Flutter/TSG group. |
Markets Now - Tuesday 5th May 2020There’s an easy explanation for volatility: the range of possible outcomes needing priced into assets has widened so price discovery gets more messy. It’s generally agreed that after awhile a person can get used to anything (where “generally” is double-sourced on Maman in Albert Camus’s The Stranger and Bruce Springsteen in Straight Time). If that’s true then current valuations are no more likely to match up with future events as they were a month ago. |
The Stars Group Provides Update on Completion of Flutter CombinationTORONTO , April 30, 2020 /CNW/ -- The Stars Group Inc. (TSG) (TSGI.TO) today announced that it expects to complete the pending combination with Flutter Entertainment plc (FLTR.L) on May 5, 2020 , subject to customary closing conditions. Upon closing, shareholders of The Stars Group will be entitled to receive 0.2253 Flutter ordinary shares for each common share. |
The Stars Group Shareholders Approve Flutter CombinationThe Stars Group Inc. (NASDAQ: TSG) (TSX: TSGI) is pleased to announce that shareholders today approved the proposal to combine the business with Flutter Entertainment plc ("Flutter"). The special resolution approved the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") between The Stars Group and Flutter, whereby Flutter will acquire all of the issued and outstanding common shares of The Stars Group. |
Why the Earnings Surprise Streak Could Continue for The Stars Group (TSG)The Stars Group (TSG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
Earnings Preview: The Stars Group (TSG) Q4 Earnings Expected to DeclineThe Stars Group (TSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
Jeremy Grantham's Top 5 Buys of the 4th QuarterGMO releases portfolio, buys include Humana and Lyft Continue reading... |
FOX Bet Becomes Authorized Gaming Operator of the XFLNEW YORK , Feb. 7, 2020 /CNW/ -- The XFL and FOX Bet today announced a new deal that makes the mobile sports betting brand an authorized gaming operator of the league. FOX Bet will promote and offer XFL-centric betting markets to its customers and create a special FOX Sports Super 6 game for each week of the XFL's 10-week regular season (Feburary 8 – April 12 ), and one for its postseason semi-finals ( April 18-19 ) and Championship game ( April 26 ). This special XFL free-to-play game will offer guaranteed cash prizes and be promoted to the FOX Sports Super 6 database of over 1 million customers each week. |
Options Trader Makes Aggressive Bullish Play On Stars Group ReboundStars Group Inc (NASDAQ: TSG ) shares are down 54.4% in the past year, but a series of unusually large options trades Wednesday morning suggests at least one trader thinks the bottom may be near. The Trades On Wednesday morning at around 9:02 a.m., Benzinga Pro subscribers were alerted to a purchase of 1,159 Stars Group call options at an $20 strike price that expire Nov. 15. The calls were purchased at the ask price of 94.7 cents and represent a $109,757 bullish bet that Stars Group shares will trade above $20.94 in less than five months' time. Within 1 minute, likely the same trader purchased an additional 827 of the same call options at the ask price of $1. This second trade represented a $82,700 bullish bet on Stars Group. At 9:11 a.m., likely the same trader purchased 1,613 of thos... |