This is a massive opportunity for the Stars Group, especially following the news of their acquisition of Sky Betting and Gaming. According to the American Gaming Association, nearly $5 billion was wagered on last year's Super Bowl alone. The United States is a massive market, especially when it comes to sports betting.
The company, which recently announced a planned acquisition of Sky Betting and Gaming, is seen as one of the purest plays to benefit from the expected widespread legalization of sports betting in the United States.
Stars Group Inc., which trades as TSG on the NASDAQ stock exchange, is currently up almost 12% to $37.50 per share. have hit an all-time high following the news that the US Supreme Court has ruled that a federal ban on sports betting is unconstitutional. Supreme Court Ruling Set to Benefit Companies like Pokerstars, William Hill Published on 12:40:00
