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The Stars Group announces second quarter 2018 earnings

2 Aug 2018

(PRESS RELEASE) -- The Stars Group Inc. today announced that it will release its financial results for the second quarter ended 30 June 2018 and updated full year 2018 financial guidance to include the recently completed acquisitions prior to the start of trading on Monday, 13 August 2018, and will host a conference call and webcast at 8:30 a.m. ET to discuss the same.

• To access via tele-conference, please dial 1-877-451-6152 or 1-201-389-0879 ten minutes prior to the scheduled start of the call.

• The playback will be made available two hours after the event at 1-844-512-2921 or 1-412-317-6671. The Conference ID number is 13682288.

• To access the webcast please go online.

As a result of its previously announced Australia acquisitions and in anticipation of the future integration of Sky Betting & Gaming and potential future geographic expansion, The Stars Group has revised the composition of its reporting segments and the manner in which it will report its operating results beginning with the second quarter 2018. The Stars Group believes that the new presentation will better reflect its current and expected management and operational structure. The Stars Group previously had one reporting segment, gaming, with two major lines of operations, real-money online poker and combined real-money online casino and sportsbook. This will now be divided into two reporting segments, International and Australia, with four major lines of operations, real-money online poker, real-money online betting, real-money online casino and other gaming-related operations, and a Corporate cost center. Prior quarterly and annual segmental results and information included in The Stars Group’s financial results for the second quarter 2018 will be recast to be presented in a manner consistent with the changed reporting segments.
 
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