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Stars Group gets regulatory clearance for Sky Betting acquisition

The Stars Group Inc. said Oct. 11 that it received clearance from the U.K. Competition and Markets Authority for its acquisition of Sky Betting & Gaming following the regulator's antitrust review.

The Canadian gaming company appointed Richard Flint as executive chairman of Sky Betting. Flint has been at Sky Betting for about 16 years, including 10 years as CEO.

The company appointed Ian Proctor as CEO. Proctor previously was CFO of Sky Betting.

Conor Grant will take on the role of COO. He previously was director of Sky Betting gaming brands Sky Vegas, Sky Casino, Sky Bingo and Sky Poker.

The Stars Group also appointed Andy Burton as senior vice president of its global sports platform.

The Stars Group said July 10 that it had completed the $4.7 billion purchase of Sky Betting & Gaming from CVC Capital Partners Ltd. and Sky PLC.