Euro Shared Liquidity Helps Carry Stars Group to Strong Q1

Online poker continues its growth first reported in the second half of last year.

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At $245.9 million, the company can boast of 12.4% year-over-year growth in online poker. A significant portion of the growth came via favorable currency fluctuations.

Online gaming giant The Stars Group has reported record revenue growth across the board for the first quarter of 2018 thanks to the high-performance online casino and sports verticals and impressive stability in its online poker vertical.

A significant portion of the growth came via favorable currency fluctuations. However, even accounting for these changes, all gaming verticals reported increased revenue year-over-year.

“We are pleased with the performance of each of our verticals, poker casino and sportsbook,” stated TSG CEO Rafi Ashkenazi. They are benefiting “not only from the continued success of Stars Rewards, but also from our strategy of focusing on the consumer and continued improvements to our product offerings,” he added.

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May 11, 2018
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