Stars Group ups CrownBet stake to 80% amid Hills takeover

PokerStars-owner spends another $81m to increase stake in new William Hill Australia owner

The Stars Group has upped its stake in CrownBet to 80%, as part of the transaction to acquire William Hill Australia. Stars last week bought 62% of CrownBet for $117m, but today announced it had bought an additional 18% stake for approximately $81m. The increase in stake was announced alongside CrownBet’s acquisition of William Hill…

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