The Stars Group flaunts stellar 2018 performance

The Stars Group had a record Q4 2018 after its revenue jumped 81.2% to US$652.8m and adjusted earnings rose by 63% to $239.4m. For the whole year, the online gambling giant only had glowing numbers to brag: revenue rose 54.6%, adjusted earnings improved 30%, and net loss decreased from 2017’s $259.3m to $108.9m. As to the source of the company’s revenue, poker accounted for 35%, a significant decrease to its 65% share in 2017.
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CalvinAyreNews
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7th March 2019
CalvinAyre Newsletter
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INVITE FRIENDS
The Stars Group’s reinvention sharply reduces poker reliance
Innovate or stagnate

The Story

The Stars Group had a record Q4 2018 after its revenue jumped 81.2% to US$652.8m and adjusted earnings rose by 63% to $239.4m. For the whole year, the online gambling giant only had glowing numbers to brag: revenue rose 54.6%, adjusted earnings improved 30%, and net loss decreased from 2017’s $259.3m to $108.9m. As to the source of the company’s revenue, poker accounted for 35%, a significant decrease to its 65% share in 2017.

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BECKY’S AFFILIATED
The story behind Eman Pulis, his SiGMA portfolio & Dubai

The story behind Eman Pulis, his SiGMA portfolio & Dubai

CalvinAyre.com’s Becky Liggero sits down with the SiGMA CEO who shared how he got involved in events organizing and what’s in store for this year’s edition of the highly-anticipated iGaming event.

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FROM COINGEEK.COM
How to publish your book with blockchain and crypto

How to publish your book with blockchain and crypto

CoinGeek.com’s Charles Miller interviewed Sukhi Jutla on how she became the first author in the world to publish a book on the blockchain.

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GLOBAL ROUND UP
ASIA
CASINO
Paradise Co brings in huge increase in revenue for February
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CASINO
Sri Lanka makes changes to its gambling landscape
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AUSTRALIA
CASINO
Queensland wants to know if there’s interest for second casino
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NORTH AMERICA
CASINO
Las Vegas Sands, Richard Suen heading back to court
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BUSINESS
California initiative dies faster than you can say ‘sports gambling’
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PRESS RELEASE

Ambassadör Events takeover signals an exciting, new era for iGaming Idol

Expect a completely new iGaming Idol this year as expert event managers Ambassadör Events have now become majority shareholders of the company.

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SHOUT OUT
Congratulations to David Schjelde for his appointment as the new Chief Financial Officer of EveryMatrix! Schjelde’s 20 years of experience in financial management will come in handy as he is expected to lead in optimizing the financial performance of the company.
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