|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|
|Earnings Date||May 11, 2020 - May 18, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.14|
Flutter Entertainment plc (ISE: FLTR, LSE:FLTR) and The Stars Group Inc. (TSGI.TO) have agreed to merge in an all shares combination. Each share of The Stars Group Inc. will be exchanged for 0.2253 new Flutter Entertainment plc shares. The Stars Group Inc.'s shares will be removed from all S&P/TSX Composite Index prior to the open of trading on Thursday, May 7, 2020 .
TORONTO , 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 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.
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.
The Stars Group Inc. (NASDAQ: TSG) (TSX: TSGI) today provided a general business update, including expectations for its financial results for the first quarter of 2020.
The Stars Group (TSG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The Stars Group Inc. (NASDAQ: TSG) (TSX: TSGI) is pleased to announce that two independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., have each recommended that shareholders vote FOR the proposed all-share combination with Flutter Entertainment plc by way of a plan of arrangement at the upcoming special meeting (the "Meeting") of The Stars Group shareholders on April 24, 2020 at 10:00 a.m. EDT. The Stars Group also announced today that the Meeting will now be held in a virtual only format, whereby shareholders may attend and participate in the Meeting via live audio webcast.
The Stars Group Inc. (NASDAQ: TSG) (TSX: TSGI) welcomes today's announcement from the UK Competition & Markets Authority ("CMA") that it has unconditionally cleared its combination with Flutter Entertainment plc following the CMA's Phase 1 review under the Enterprise Act 2002. As previously announced, The Stars Group and Flutter have entered into an arrangement agreement providing for an all-share combination to be implemented through an acquisition of The Stars Group by Flutter pursuant to a plan of arrangement under the Business Corporations Act (Ontario) (the "Combination").
TORONTO , March 27, 2020 /CNW/ -- The Stars Group Inc. (TSG) (TSGI.TO) today announced that its special meeting of shareholders to approve the proposed all-share combination with Flutter Entertainment plc (the "Combination") will be held on Friday, April 24, 2020 at 10:00 a.m. ET . The Stars Group also provided certain updates on the Combination and the composition of its board of directors. The Stars Group's special meeting of shareholders will be held at the Hotel Fairmont Royal York, located at 100 Front Street West, Toronto, Ontario, Canada M5J 1E3 in the Confederation 3 room, but attendance and voting can also be done virtually via a live audio webcast online at https://web.lumiagm.com/238137587, using the password 'stars2020'.
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 […]
TORONTO , March 16, 2020 /CNW/ -- The Stars Group Inc. (TSG) (TSGI.TO) today provided a general business update, including an update on its year-to-date performance and the recent coronavirus outbreak. "We are pleased with the performance of our business so far this year, which has seen continued strong underlying momentum within our UK and Australia segments, and a sequential improvement in our international segment from the fourth quarter of 2019," said Rafi Ashkenazi, Chief Executive Officer of The Stars Group. "Overall, we are so far performing ahead of our expectations and currently expect to see strong year over year growth in revenues for the first quarter," continued Mr. Ashkenazi.
The Stars Group (TSG) delivered earnings and revenue surprises of 16.67% and 2.22%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
The 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.
NEW 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.
The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2019 prior to the start of trading on Thursday, February 27, 2020, and will post an accompanying earnings presentation to its website at www.starsgroup.com at the same time.
New Wave Esports Company Update Including Even Matchup Gaming North American Expansion and Talon Esports Teams
The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that it entered into an agreement with the Little Traverse Bay Bands of Odawa Indians Gaming Authority ("Odawa") for online betting and gaming market access in the State of Michigan.
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.
PHILADELPHIA , Nov. 25, 2019 /CNW/ -- FOX Bet today announced that it has joined forces with one of the most innovative and forward-thinking franchises in the NBA, the Philadelphia 76ers, the first deal of its kind with an NBA franchise. FOX Bet, the sports betting brand between FOX Sports and The Stars Group, is already an Authorized Gaming Operator of the NBA. Under the agreement, FOX Bet will also present near-live game replays on 76ers Twitter, and will become the Presenting Partner of the 76ers radio game broadcast on 97.5 The Fanatic (WPEN) and for the team's 'hype video' played on the scoreboard leading into the fourth quarter of its home games.
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 […]