Breaking news: -
https://www.reuters.com/article/stars-g ... SFWN26N00K
Official release: -
https://www.flutter.com/sites/paddy-pow ... up-Inc.pdf
The stars group
http://www.starsgroup.com
Betfair / Flutter group to merge with Canadian company
- wearthefoxhat
- Posts: 3221
- Joined: Sun Feb 18, 2018 9:55 am
Euler wrote: ↑Wed Oct 02, 2019 8:28 amBreaking news: -
https://www.reuters.com/article/stars-g ... SFWN26N00K
Official release: -
https://www.flutter.com/sites/paddy-pow ... up-Inc.pdf
The stars group
http://www.starsgroup.com
Pokerstars is one of the stars group brand names and now Flutter own it, along with Skybetting and Gaming.
Pokerstars has over the last 2 years or so, morphed into a more speedy "grab your $$$" rinse and repeat process. The only real hope of "increasing" profit potential would be for the U.S. to allow a majority of their states to accept on line poker...not gonna happen anytime soon.
Companies like this merge as a form of protection/collaberation when there are difficult times ahead.
The shareholders on the Stars Group will benefit for sure.