M/20/001 – Flutter/Stars
Transaction details
The proposed merger of Flutter Entertainment plc and The Stars Group Inc., has been cleared by the Competition and Consumer Protection Commission.
Notification date |
Decision date |
Friday January 17, 2020 |
Wednesday, April 15, 2020 |
Parties Involved |
Business activities |
Flutter Entertainment plc |
Flutter is a global gambling operator divided into four divisions:
Online: which runs the Paddy Power, Betfair, Adjarabet online sports betting and gaming brands;
Australia: which consists of the Sportsbet online sports betting brand, a corporate bookmaker in Australia;
US: which operates as FanDuel Group and runs the FanDuel sportsbook and daily-fantasy-sports brands, the TVG broadcasting and advanced deposit wagering network and the Betfair online casino in New Jersey and;
Retail: which runs over 620 Paddy Power retail betting shops across the UK and Ireland.
|
The Stars Group Inc. |
Stars is an operator of technology-based product offerings in the global gambling and interactive entertainment industries. Stars' brands are active in online and mobile betting and gaming. Stars owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, FOX Bet, BetEasy, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, Sky Poker, and Oddschecker, as well as various live poker tour and events brands, including the PokerStars Players No Limit Hold'em Championship and European Poker Tour.
|
Economic sector |
Media merger |
Entertainment and Recreation |
No |
Submissions from third parties due by: |
Phase 1 |
Phase 2 |
Monday, February 3, 2020 |
|
Date of Requirement for Information |
Date Information Received |
Monday, February 24, 2020 |
Wednesday, March 18, 2020 |
Current status: Completed |
Cleared (Phase 1) |
Authorised Officer Assigned |
Contact Details |
Colm Roche |
Tel: (+353)1 470 3662
Email: ColmRoche@ccpc.ie
|
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