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Tags: Crownbet

Australien – Stars Group köper William Hill Australia via CrownBet

British sports betting operator William Hill has sold its Australian business to CrownBet claiming that regulatory changes forced it to leave the market and write down the value of the business. The deal was preceded by Canada-based Stars Group, owner of PokerStars, increasing its share holding in CrownBet from 62 per cent to 80 per…

Australia – The Stars Group buys majority interest in CrownBet

The Stars Group has bought a 62 per cent equity interest in CrownBet Holdings Pty Limited for an aggregate amount of approximately $117.7m. CrownBet, which launched in 2014 in Australia, the world’s second largest regulated sports betting market, is one of Australia’s fastest growing online sportsbooks with unaudited annual revenues growing from approximately A$76.5m in…

Australia – Crown sells its online division

Crown Resorts is to sell its 62 per cent stake in online betting firm CrownBet to a consortium including the unit’s Chief Executive for A$150m (US$117m). The deal, part of a series of divestments planned by Australia’s biggest casino company to cut debt, also includes loans extended by Crown to CrownBet. In a statement from Crown…

Australien – Fox Sports lanserar dagliga fantasysporter

FOX Sports Australia har slagit sig ihop med CrownBet för att lansera den nya dagliga fantasiplattformen Draftstars, som erbjuder Australiens största fantasyprispotter och ett spännande sätt för sportälskare att testa sin skicklighet och kunskap mot varandra. Draftstars kommer att vara den mest avancerade dagliga fantasyplattformen i Australien och kommer också att vara den officiella dagliga...