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Amaya Inc. T.TSGI


Primary Symbol: AYA

The Stars Group Inc is an online and mobile gaming company with poker, gaming, and betting product offerings. These products are offered both, directly and indirectly, under-owned or licensed gaming brands, and the company also owns several live poker tour and events brands. The firm's primary sources of revenue are its online gaming businesses. The company has three segments based on geography: International, United Kingdom, and Australia. Stars Group generates the majority of its revenue...


NDAQ:AYA - Post by User

Post by Dawsun77on Sep 03, 2019 12:32pm
153 Views
Post# 30090764

TSG will break even in 2022

TSG will break even in 2022I’m trying to understand where TSG is making any money. They are paying all of the licensing fees to the states they’re operating in. They are also paying all fo the land based casinos so they’re able to operate in each state. Now they cut a deal with Foxbet and they’re not even using their skin anymore. The article states TSG will invest 40 million in Foxbet and expects to break even in 2022. 

Really? So in nearly 3 years they only plan on making 40 million. What am I missing here?
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