Edition:
United Kingdom

Stars Group And Eldorado Resorts Enter Agreement


Monday, 26 Nov 2018 

Nov 26 (Reuters) - Eldorado Resorts Inc ::THE STARS GROUP AND ELDORADO RESORTS ENTER AGREEMENT FOR ONLINE BETTING AND GAMING MARKET ACCESS.STARS GROUP INC - ELDORADO WILL RECEIVE A REVENUE SHARE FROM OPERATION OF APPLICABLE OFFERINGS BY STARS GROUP.STARS GROUP INC - WILL ISSUE ELDORADO APPROXIMATELY 1 MILLION COMMON SHARES AT A PRICE OF $23.22 PER SHARE FOR A VALUE OF $25 MILLION.STARS GROUP INC - WILL ISSUE ELDORADO ADDITIONAL $5 MILLION OF COMMON SHARES UPON STARS GROUP'S EXERCISE OF FIRST OPTION.STARS GROUP INC - ELDORADO WOULD BE ENTITLED TO ADDITIONAL COMMON SHARES OF STARS GROUP AT A PRICE OF $23.22 PER SHARE BEGINNING IN FIVE YEARS.STARS GROUP INC - AGREEMENT CURRENTLY COVERS 11 STATES.