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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 solarman2013on Mar 06, 2018 10:38am
117 Views
Post# 27667404

RE:RE:RE:RE:RE:Fan duel looking to be acquired

RE:RE:RE:RE:RE:Fan duel looking to be acquiredA handfull of states have legalized DFS in the US. It has grown internationally yet none of the companies seem able to turn a profit. That is probably why DraftKings and FanDuel realize they need to turn to SportsBooks, yet that is already a crowded market, except in the US. If they can turn their audience into cash paying betters (not so sure because their audience is younger and not so likely to spend too much of their real cash, vs play money) then could stand a chance. I think the US Supreme Court decision will affect more than just sports. It will open up igaming across channels in due course. If sports can be bet on, why not poker?

You really have to have a team around you to win in Sportsbook. Even Stars has struggled to exponentially grow BetStars though now with the new team onboard, with oodles of experience and capacity, I suspect those struggles are a thing of the past.
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