Finance

The Stars Group shares drop 12% on lowered profit and revenue guidance

Q2 revenues hampered by currency exchange and continued disruption in grey markets

The Stars Group saw its share price drop 12% in early trading this morning after the operator lowered its profit and revenue guidance for 2019. In its H1 update today, Stars warned FY19 revenues could come in up to $200m below previous estimates, with a new range of to $2.5bn-$2.75bn. FY19 EBITDA forecasts were also…

Finance | PokerStars | Rafi Ashkenazi | Sky Bet | Sky Betting & Gaming | The Stars Group

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