We have followed TSG with a bullish outlook since its transformation from troubled Amaya in 2016.
Mr. Market was wary about the leverage and execution, but we like management's focus on scaling up fast in the online wagering space.
It has diversified from its overdependence on poker to stress on casino and sports betting as a key part of its future.
"Not everything that can be counted counts, and not everything that counts can be counted." - Albert Einstein
Note: A more detailed dive into this deal and its implications for the shares of The Stars