The Stars Group To Buy Sky Betting & Gaming For £3.4BN

The Stars Group is set to acquire British-based Sky Betting & Gaming (SB&G) for a reported £3.4bn (€3.88bn).

It follows the decision by Sky Betting & Gaming’s majority owner CVC and partner Sky to sell to the Canadian online gambling giant.

According to reports, the acquisition will create the world’s largest publicly listed online gaming company.

Sky Betting & Gaming has some of the UKs best known betting brands including Sky Bet and Sky Vegas.

An announcement confirming the deal could be made as early as today (Monday).