Projected Growth Areas and Cost Savingsīoth companies are greedily eying the burgeoning USA sports betting landscape. Flutter has a much stronger sports betting division, which will certainly help TSG as it seeks to enhance its performance in this department. By contrast, The Stars Group collects its revenue from a broader portion of the globe, so it won't be as drastically affected by developments in a single country.Īlthough TSG has been attempting to grow its online casino and sportsbook verticals, its largest product division remains the somewhat lower-margin poker. For example, a higher remote gambling duty and reduced maximum stakes on fixed odds betting terminals came into effect in the United Kingdom in April 2019. Though each part of the Flutter/TSG duo is experienced in a wide array of gambling endeavors, they have their own particular advantages and weaknesses.įlutter has significant exposure to the British regulated gambling scene, which has become a more difficult area to operate within because of the continual tightening of the rules pertaining to betting activities.

The combination with Flutter will further enhance our company’s core strengths, and position us strongly for the future in this rapidly evolving industry. In recent years, we have transformed TSG from a single product operator in poker, to a diverse global leader with multiple product offerings across poker, gaming and sports betting. This exciting combination will allow us to enhance and accelerate our existing strategy. Giving the perspective from The Stars Group's side was CEO Rafi Ashkenazi: We are committed to these two high quality brands to drive the growth of the Combined Group in the US. The combination represents a great opportunity to deliver a step change in our presence in international markets and ensure we are ideally positioned to take advantage of the exciting opportunity in the US through a media relationship with FOX Sports as well as our development of US sports betting through Flutter’s FanDuel and TSG’s FOX Bet brands.

Commenting on the merger of the two companies, Flutter CEO Peter Jackson said:

The stars group online casino