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Business
March 16, 2020
Flutter Updates Investors Regarding Covid-19 Financial Impact
Flutter Entertainment released an update today regarding the impact on their operations with regards to the mass cancellations of sports events around the world, in a coordinated effort to halt the spread of the novel coronavirus /Covid-19/. Sports Betting Revenue Vital The owner of Paddy Power Betfair exchange and FanDuel sports book provider revealed that […]
Business
February 27, 2020
The Stars Group 2019 Financial Report Posted $2.53Bn Total Revenue
The Stars Group /TSG/ 2019 financial results report released today showed the company had a strong performance in two specific geographic markets, Australia and the UK. The Stars Group, the company that is currently merging with owner of FanDuel and Paddy Power Betfair, the US-based Flutter Entertainment, showed a 24.6% year-on-year increase in revenue and […]
Legal
February 19, 2020
Flutter TSG Merger Given The Go Ahead In Australia
FanDuel and Paddy Power Betfair owner, Flutter Entertainment, has announced their merger with the Stars Group has got an informal go-ahead from the Australian Competition and Consumer Commission, with the final outcome of the deal still pending on the approval from the Australian Foreign Investment Review Board and a number of international regulatory bodies where […]
Business
February 5, 2020
Flutter Entertainment, TSG Merger to Be Examined by UK’s CMA
As Flutter Entertainment and The Stars Group edge closer to their merger, competition authorities in the United Kingdom have said that they would now want to review the deal and gauge its impact on markets in the country. Competition and Markets Authority to Review Flutter Entertainment, TSG Merger Flutter Entertainment, owner of flagship gaming and […]