Stars Group already involved in European player sharing plans

Brian Kyle, the chief financial officer of The Stars Group, revealed in a post-results press conference this week that his company is actively engaging with the regulators in Spain, Portugal, France and Italy as they move toward the implementation of an already agreed player-sharing initiative (see previous reports).

“We continue to work with the regulators of each country to support this effort and are optimistic that partial pooling will commence in early 2018,” Kyle said, noting that the recent legalisation of online gambling in Pennsylvania represented an important opportunity for his company, which plans to expand its service offering in that state through licensing and providing its services to Pennsylvanian punters.

“With a population almost twice the size of New Jersey, Pennsylvania is poised to become a significant marketplace for igaming, and a potential boost to our US poker business as Pennsylvania is expected to share liquidity with NJ and other US states as they regulate,” Kyle said.

“We are optimistic that Pennsylvania will be a catalyst for other US states to continue the momentum of iGaming regulation in the US.”