The Stars Group Provides Business Update
THE STARS GROUP INC (TSG)
Last the stars group inc earnings: 2/27 02:00 am
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US:NYSE Investor Relations:
starsgroup.com/the-stars-group/investor-relations/financial-and-corporate-information
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Source: PR Newswire
TORONTO, March 16, 2020 /PRNewswire/ -- The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today provided a general business update, including an update on its year-to-date performance and the recent coronavirus outbreak. "We are pleased with the performance of our business so far this year, which has seen continued strong underlying momentum within our UK and Australia segments, and a sequential improvement in our international segment from the fourth quarter of 2019," said Rafi Ashkenazi, Chief Executive Officer of The Stars Group. "Overall, we are so far performing ahead of our expectations and currently expect to see strong year over year growth in revenues for the first quarter," continued Mr. Ashkenazi.Revenues within The Stars Group's International segment are slightly ahead of the prior year period on a constant currency basis, while the UK segment has experienced continued strong underlying trends alongside operator favorable sporting results, leading to strong growth in revenue
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