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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

Comment by zwemnaaron Oct 19, 2019 3:52am
146 Views
Post# 30246766

RE:PA looking strong

RE:PA looking strong I'm disappointed with foxbets first month in Pennsylvania. They only had a handle of c. $4.5m with revenue of c. $200k. Now comparing that to FanDuels numbers of $85m and $5m respectively, and foxbet have a long,long way to catch-up. I for one am glad of this tie up with flutter. They are a powerhouse and will be the market leader in the US which in turn will drive revenue for years to come. I hope this merger goes ahead and that flutter don't have to give up too much to the regulators. If this deal doesn't materialise, I fear for TSG, as no other company (flutter) is better positioned to take the lion share in the US. A GVC deal would be a disaster and would prompt me to sell out of this long term hold. They are even more leveraged then us and also don't have the presence in the US to grow revenue in the short to medium term.
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