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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 Jan 02, 2019 2:18pm
85 Views
Post# 29178100

RE:SolarJoke still hamstering about Kentucky in 2019 !??!?!??!?

RE:SolarJoke still hamstering about Kentucky in 2019 !??!?!??!?Not-Korrect... here is the link to refer to and the specific section refers to Stars being open to a final settlement to avoid having to go back to Supreme Court:

ext steps in the case

The Commonwealth now has two options: asking the appeals court for a rehearing or attempting to move the case to the Kentucky Supreme Court.

However, there’s some chance that the case is settled before that step is taken. Back in March, the Stars Group signaled a willingness to come to terms with the Commonwealth.

The Stars Group’s Chief Financial Officer, Brian Kyle, said at the time that:

“Any outcome in Kentucky would be relatively neutral for our leverage level.”

Executive Vice President, Chief Legal Officer and Secretary, Marlon Goldstein added the interesting comment that the Stars Group was “practical,” strongly implying that if they are given an acceptable offer to settle the case out of court, they would accept.

And here is the link to the article:

https://www.onlinepokerreport.com/34010/kentucky-reverses-pokerstars-judgement/

While you have before spewed that they have no incentive left to do a deal, I happen to agree with Goldstein that a deal for a small amount that undoes the risk of having the SC agree to re-hear the case would be sensible. Seems like you didn't have that great a holiday period. Oh well...maybe next year?

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