The Stars Group confirms completion of additional equity in CrownBet

The Stars Group has confirmed the completion of an additional 18 percent equity interest in CrownBet Holdings Pty Limited following CrownBet’s successful completion of its acquisition of William Hill Australia Holdings Pty Ltd (see previous report).

The Stars Group now owns 80 percent of the combined businesses which it says creates an operator of scale and a clear rival to the top two sportsbook operators in Australia.

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