|Bid||37.59 x 0|
|Ask||37.62 x 0|
|Day's Range||35.86 - 38.34|
|52 Week Range||16.69 - 41.28|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||170.41|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Competition in the online gambling industry is heating up. In 2018, the U.S. Supreme Court cleared the way to allow legal sports gambling, and many states have already changed their local laws to allow it to take place within their borders. While online gambling is a lot bigger than just sports betting, those legislative changes have helped catalyze growth for the entire industry.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
How do we determine whether The Stars Group Inc. (NASDAQ:TSG) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data […]
The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that it has agreed with the minority shareholders of BetEasy, its Australian-based sports betting business, to acquire the remaining 20% interest in the company for AUD$151 million. As part of this agreement, The Stars Group also agreed to pay AUD$100 million to settle the previously disclosed performance payment under the agreements for its 2018 acquisition of the initial 80% interest.
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. Bed Bath & Beyond (NASDAQ: BBBY ) shares were ...
This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. TD Ameritrade (NASDAQ: AMTD ) shares were ...
At the top of show, the PreMarket Prep co-hosts discussed one of the few issues that we both have in our long-term portfolios: The Stars Group (NYSE: TSG). In November 2018, we decided that The Stars Group was a way to play the evolution of sports gambling in America. A good portion of the show was dedicated to the brokerage war that was instigated by Charles Schwab Corporation (NASDAQ: SCHW) with the introduction of commission-free trading.
The Stars Group (NASDAQ: TSG) shares are trading higher after the company announced an all-stock merger with Flutter Entertainment. The merger will combine two businesses in the sports betting and gaming sector. On completion of the merger, Flutter shareholders will own approximately 54.64% and The Stars Group shareholders would own approximately 45.36% of the share capital of the combined group.
When Rupert Murdoch's Fox Corp launches the FOX Bet sports betting platform on Monday, it will do what no other major media company has done in North America: become the face of a sports gambling platform. FOX Bet, which launches in New Jersey, is operated through a partnership with gaming provider The Stars Group (TSG) . Entertainment giants from Walt Disney Co to AT&T Inc's WarnerMedia have waded into the red hot sports betting arena, which experts project could generate $9 billion of revenue over the next few years in gambling revenue.
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. When you...
Fox Corp (NASDAQ: FOXA) reported better-than-expected fourth-quarter earnings Wednesday as the newly pared-down company bucked industry trends. Morgan Stanley’s Benjamin Swinburne maintained an Overweight rating on Fox with a $42 price target. Credit Suisse analyst Douglas Mitchelson maintained an Outperform with a $45 target price.
Casino operator Penn National Gaming Inc on Wednesday announced a spate of partnerships with sports book operators, including with digital sports media company theScore Inc., giving the partners access to sports betting markets across the United States in exchange for fees, equity and a share of betting revenues. Through the agreement, theScore will be able to operate its soon-to-launch mobile app in 11 states where sports wagering is now or will soon be legal. In addition, Penn National will give new partners DraftKings Inc, PointsBet USA Inc and The Stars Group Inc access to certain states where Penn National operates.