Online gambling giant The Stars Group (TSG) hailed its “landmark” 2018 financial performance following the transformative acquisition of UK betting operator Sky Betting & Gaming (SBG).

On Wednesday, TSG revealed that its Q418 revenue jumped 81.2% to US$652.8m, adjusted earnings gained nearly 63% to $239.4m while posting a net loss of $38.2m, thanks to ongoing costs related to its SBG acquisition, TSG’s various Australian add-ons (now grouped under the BetEasy banner) and US market expansion costs.

For the year as a whole, revenue rose 54.6% to just over $2b, adjusted earnings improved 30% to $781m while the company posted a net loss of $108.9m versus a $259.3m net profit in 2017. Investors apparently liked what they saw, as TSG’s share price was up over 14% on the Nasdaq in Wednesday’s early trading.

The company’s ongoing transformation is most evident in its product mix. Poker accounted for 35% of TSG’s overall revenue last year, down significantly from the dominant 65% share in 2017. Betting claimed a 32% share, while casino wasn’t far back with 30%.