RE:GVC/LadbrokesCoral deal is done - who's next??It’s only logical to assume that Stars is aggressively vetting (or being considered by others as well) a narrow list of top quality dance partners. Consolidation, survival and gaming leadership are the current driving forces in the industry. Names like WH, 888...have been speculated. At the same time should “natural selection” see Stars as the target it invites the question of valuation. A 30% premium to the $30 sp might be a starting point. Such an offer might begin to recognize Stars stellar performance and growth relative to their $4.9B acquisition of Rational Group.
With all the success Stars new management has achieved, the company is exceptionally well positioned in making the right win/win decision for the company and it’s committed shareholders.