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Stars Group Inc (TSG.OQ)

TSG.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

The Stars Group Announces Launch Of Private Offering Of $750 Mln Of Unsecured Senior Notes
Friday, 22 Jun 2018 08:36am EDT 

June 22 (Reuters) - Stars Group Inc ::THE STARS GROUP ANNOUNCES LAUNCH OF PRIVATE OFFERING OF $750 MILLION OF UNSECURED SENIOR NOTES.OFFERING BY INDIRECT WHOLLY-OWNED SUBSIDIARIES OF $750 MILLION AGGREGATE PRINCIPAL AMOUNT OF UNSECURED SENIOR NOTES DUE 2026.TO USE PROCEEDS, EQUITY OFFERING, CASH ON HAND TO FUND PREVIOUSLY ANNOUNCED ACQUISITION OF SKY BETTING & GAMING.  Full Article

The Stars Group Amends First Lien Term Loans & Revolving Credit Facility, Repays Second Lien Term Loan
Friday, 6 Apr 2018 10:13am EDT 

April 6 (Reuters) - Stars Group Inc ::THE STARS GROUP ANNOUNCES AMENDMENT, EXTENSION AND UPSIZING OF FIRST LIEN TERM LOANS AND REVOLVING CREDIT FACILITY; FULLY REPAYS SECOND LIEN TERM LOAN AND READIES FOR CLOSING OF AUSTRALIAN ACQUISITIONS.USED ABOUT $95 MLN OF INCREASED TERM LOANS TO FULLY REPAY ITS EXISTING HIGHER-COST U.S. DOLLAR DENOMINATED SECOND LIEN TERM LOAN .TRANSACTIONS INCLUDED AN INCREASE IN U.S. DOLLAR AND EURO DENOMINATED FIRST LIEN TERM LOANS TO $2.17 BILLION AND EUR 500 MILLION.STARS GROUP'S EXISTING REVOLVING CREDIT FACILITY WAS ALSO INCREASED FROM $100 MILLION TO $225 MILLION.  Full Article

The Stars Group Qtrly Adjusted Net Earnings Per Share $0.54‍​
Wednesday, 14 Mar 2018 06:30am EDT 

March 14 (Reuters) - Stars Group Inc ::THE STARS GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS; PROVIDES 2018 FULL YEAR GUIDANCE.QTRLY DILUTED NET EARNINGS PER COMMON SHARE $0.23​.QTRLY ADJUSTED NET EARNINGS PER SHARE $0.54‍​.SEES FY REVENUES OF BETWEEN $1,390 AND $1,470 MILLION.SEES FY ADJUSTED EARNINGS PER SHARE $2.33 - $2.47.‍ QTRLY TOTAL REAL-MONEY ACTIVE UNIQUES (QAUS) WERE APPROXIMATELY 2.17 MILLION, A DECREASE OF APPROXIMATELY 7.2% YEAR-OVER-YEAR​.QTRLY ‍REVENUE $360.2 MILLION VERSUS $310.3 MILLION.Q4 EARNINGS PER SHARE VIEW $0.57, REVENUE VIEW $355.7 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.33, REVENUE VIEW $1.49 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Stars Group Acquires Majority Interest In CrownBet For $117.7 Million
Tuesday, 27 Feb 2018 07:00am EST 

Feb 27 (Reuters) - Stars Group Inc ::STARS GROUP ACQUIRES MAJORITY INTEREST IN CROWNBET.STARS GROUP INC - DEAL FOR APPROXIMATELY $117.7 MILLION.STARS GROUP INC - ‍UNDER TRANSACTION AGREEMENTS, STARS GROUP IS ALSO ENTITLED TO APPOINT A MAJORITY OF DIRECTORS ON BOARD OF DIRECTORS OF CROWNBET​.STARS GROUP INC - CO ACQUIRED 62% INTEREST IN CROWNBET FROM CROWN RESORTS LIMITED IN AN ALL-CASH TRANSACTION USING CASH ON STARS GROUP'S BALANCE SHEET.STARS GROUP INC - NORTHERN TERRITORY RACING COMMISSION HAS APPROVED TRANSACTION SUBJECT TO STARS GROUP SATISFYING CERTAIN STANDARD CONDITIONS.  Full Article

Stars Group Appoints Observer To Board Of Directors
Wednesday, 10 Jan 2018 09:00am EST 

Jan 10 (Reuters) - Stars Group Inc ::THE STARS GROUP APPOINTS OBSERVER TO BOARD OF DIRECTORS AND ANNOUNCES AGREEMENT WITH MR. TANG HAO.STARS GROUP - ‍ENTERED AGREEMENT WITH TANG HAO, HIS AFFILIATED ENTITY DISCOVERY KEY INVESTMENTS, WHICH CURRENTLY HOLD 26.5 MILLION SHARES OF CO.STARS GROUP INC - ‍MELVIN YANMIN ZHANG APPOINTED AS OBSERVER MEMBER OF BOARD OF STARS GROUP AS A NOMINEE OF TANG, EFFECTIVE IMMEDIATELY​.STARS GROUP - ‍ZHANG WILL SERVE AS OBSERVER UNTIL APPROVALS FROM SOME OF CO'S GAMING REGULATORY AUTHORITIES, AT WHICH POINT HE WILL JOIN BOARD.  Full Article

Stars Group Files For Mixed Shelf Of Up To $3 Billion
Friday, 1 Dec 2017 05:14pm EST 

Dec 1 (Reuters) - Stars Group Inc ::STARS GROUP INC FILES FOR MIXED SHELF OF UP TO $3.0 BILLION - SEC FILING‍​.  Full Article

Stars Group reports qtrly ‍diluted earnings per common share $0.37​
Thursday, 9 Nov 2017 06:30am EST 

Nov 9 (Reuters) - Stars Group Inc :The Stars Group reports third quarter 2017 results.Stars Group Inc - ‍Stars Group reconfirmed its 2017 full year financial guidance ranges as previously announced on september 15​.Stars Group Inc qtrly ‍diluted earnings per common share $0.37​.Stars Group Inc qtrly ‍adjusted net earnings per diluted share $0.58​.Stars Group Inc qtrly ‍total revenue $329.4 million versus $270.7 million ​.Q3 earnings per share view $0.48, revenue view $309.2 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.18, revenue view $1.27 billion -- Thomson Reuters I/B/E/S.  Full Article

The Stars Group raises full year 2017 guidance
Friday, 15 Sep 2017 06:31am EDT 

Sept 15 (Reuters) - Stars Group Inc ::The Stars Group raises full year 2017 guidance; announces additional $75 MILLION of debt prepayment.Sees FY 2017 revenue up 11 to 14 percent.Stars Group Inc sees ‍ full year 2017 adjusted net earnings per diluted share of between $2.17 and $2.31​.Stars Group Inc - sees FY 2017 ‍revenues of between $1,285 and $1,315 million​.FY2017 earnings per share view $2.11 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.25 billion -- Thomson Reuters I/B/E/S.Stars Group - co to prepay without penalty additional $75 million under second lien term loan using cash on balance sheet and cash flow from operations​.  Full Article

GSO Capital Partners reports execution of binding agreements for the sale of common shares of Stars Group
Monday, 14 Aug 2017 07:45am EDT 

Aug 14 (Reuters) - ‍GSO Capital Partners LP::‍GSO Capital Partners LP - The GSO funds have entered into privately negotiated binding agreements to sell all of common shares of Stars Group Inc​.GSO Capital Partners LP - Under each sale agreement, GSO funds will deliver Stars Group's shares to certain purchasers upon payment of C$23.50/share​.GSO Capital Partners LP - ‍GSO funds beneficially own an aggregate of about 14 million common shares ​of Stars Group Inc.GSO Capital Partners LP​ - ‍GSO funds are disposing of the common shares for investment purposes.GSO Capital Partners LP​ - ‍following dispositions, GSO funds will have beneficial ownership of 651,060 convertible preferred shares of Stars Group.  Full Article

Stars Group Inc reports qtrly ‍adjusted earnings per share $0.56​
Wednesday, 9 Aug 2017 06:30am EDT 

Aug 9 (Reuters) - Stars Group Inc TSGI.TO::The Stars Group reports second quarter 2017 results.Qtrly total revenue $305.3 million versus $ 285.8 million .Qtrly diluted earnings per common share $0.35.Revenues guidance for 2017 of $1,200 to $1,260 million remains unchanged.Sees FY adjusted net earnings per diluted share of $1.94 to $2.13 is revised upward to $2.01 to $2.15.‍Full year 2017 adjusted EBITDA guidance of $560 to $580 million remains unchanged​.‍FY 2017 revenues guidance of $1,200 million to $1,260 million remains unchanged, with revenues currently expected to fall at upper end of range​.Qtrly ‍adjusted earnings per share $0.56​.  Full Article

BRIEF-Stars Group Reports Qtrly Adjusted EPS $0.66

* STARS GROUP INC SEES FY 2018 REVENUE $1.39 BLN TO $1.47 BLN