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Who Owns Crownbet Reputation Woes VideoBANNED FROM BETTING! How I Beat ALL The Bookies Crownbet was recently purchased by Stars Group, which operates out of Canada. Prior to that, it was primarily owned by James Packer and his company. It has enjoyed a sustained period of time as one of Australia’s best and most efficient bookmakers, which is why the potential sale attracted interest from offshore buyers. Company profile page for CrownBet Pty Ltd including stock price, company news, press releases, executives, board members, and contact information. BetEasy (formerly known as CrownBet and BetEzy) was an Australian corporate bookmaker offering online sports and racing betting taranakigardens.comy is licensed in the Northern Territory and owned by The Stars Group. Crownbet was acquired by The Stars Group for $M on Feb 27, Transaction Name. Crownbet acquired by The Stars Group. Acquired by. The Stars Group. The Stars Group acquired the 62% interest in CrownBet from Crown Resorts Limited (ASX: CWN) in an all-cash transaction using cash on The Stars Group’s balance sheet.
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The way they go, they will only spoil their poker business without gaining so much from areas they were never among the best. This site uses Akismet to reduce spam.
Learn how your comment data is processed. Discuss all the latest poker news in the CardsChat forum. By Jon Sofen.
Semi-pro poker player with 17 years experience on the felt and more than five years working as professional poker media.
View All chicopaw wrote February 28, pm Sharon is so right in her comment. It seems that Poker Stars are totally screwing their poker business, and instead of trying to recover and improve it, they think that the solution is hidden in expanding casino and sports betting business… So wrong they are… They are number one in poker, but in casino and sports betting business, the big sharks are others.
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The Crown Rewards loyalty program would continue. It is understood that CrownBet and The Stars Group have also put in a bid for the purchase of global wagering giant William Hill's struggling Australian business, the Tom Waterhouse-led William Hill Australia, which has been put up for sale by its British parent company.
Other corporate bookmakers - Paddy Power Betfair's Sportsbet, Bet and Ladbrokes - are also understood to have lodged bids for the business.
The company has also recently sold its stake in a former joint-venture casino in Macau and its stake in a vacant block on Las Vegas Boulevard, where it had once planned to build a casino with Wynn Resorts.
The Stars Group announced its acquisition of the majority interest in CrownBet to the stock market late on Tuesday night.