TSGI CN

The Stars Group Inc

TMT, Consumer, Event Driven/Special Sit


Presented:10/16/2015
Price:CA$29.37
Cap:$4.68B
Current Price:CA$37.49
Cap:$8.62B

Presented

Date10/16/2015
PriceCA$29.37
Market Cap$4.68B
Ent Value$7.89B
P/E RatioN/A
Book ValueCA$13.21
Div Yield0%
Shares O/S199.43M
Ave Daily Vol630,603
Short IntN/A

Current

PriceCA$37.49
Market Cap$8.62B
The Stars Group Inc. is a technology company engaged in the design, development, manufacturing, distribution and sale of technology-based gaming solutions for the regulated gaming industry worldwide. Amaya's primary business is Rational Group, which owns gaming and related consumer businesses and brands including PokerStars, Full Tilt, the European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour and the Asia Pacific Poker Tour and also provides B2B interactive and land-based gaming solutions to the regulated gaming industry. The company provides mobile, virtual interactive, and physical gaming products and services. The company was founded on January 30, 2004 and is headquartered in Pointe-Claire, Canada.

Please note, on 8/1/17 Amaya Inc. (AYA CN) changed its company name and ticker to The Stars Group Inc (TSGI CN). The content of this idea will make reference to the original company name and ticker symbol.

Publicly traded companies mentioned herein: Amaya Inc (AYA)

Highlights

Amaya last year bought PokerStars/ Full Tilt - the largest online poker company globally for $5 billion. The company has no US presence; currently operating primarily in Europe, Russia and Canada. Roughly 70-80% of the company’s markets are fully regulated, with the balance effectively “gray markets” where online poker is not explicitly banned. PokerStars only offers poker games, while all of its competitors offer casino games and sportsbook in addition to poker, representing a meaningful growth opportunity for Amaya. 

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