- 16.01.2018, 15:21:08
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- OTE0005
The Stars Group's Pokerstars Winter Series Exceeds $25 Million Guarantee With More Than $38 Million in Prizes Awarded
Toronto (ots/PRNewswire) - The Stars Group Inc. announced today that
the recent PokerStars Winter Series exceeded its original $25,410,000
prize-pool guarantee, reaching a total $38,013,576. The Winter Series
online poker tournaments, which offered a broad range of buy-ins, ran
from December 25 to January 7, marking the first time ever that
PokerStars has held a big guarantee poker tournament series during
the holiday period. The series attracted close to 203,000 unique
players for a total 1.3 million entries across 152 tournaments.
The Winter Series success follows The Stars Group's September 2017
announcement that its major annual online poker tournament series,
the World Championship of Online Poker (WCOOP), became the
second-largest ever online poker series by exceeding its advertised
guarantee of $60 million and paying out $90.6 million, a 16.5%
increase over WCOOP 2016. The WCOOP 2017 was only surpassed by the
2017 PokerStars Spring Championship of Online Poker (SCOOP), which
paid out more than $93 million, an industry record.
The Winter Series was the first PokerStars online series to award
Platinum Passes to the PokerStars Players No Limit Hold'em
Championship (PSPC), the $25,000 buy-in poker tournament that is a
key focus point of PokerStars promotions and player rewards
throughout 2018. The winners of each of the tournament's main events
each secured a Platinum Pass on top of their regular winnings and a
fifth Platinum Pass was also awarded to the winner of a series-wide
PokerStars lottery-style tournament. Worth approximately $30,000
each, every Platinum Pass includes the $25,000 tournament buy-in,
accommodation at the Atlantis Resort in the Bahamas during the PSPC
in January 2019, and around $2,000 for expenses and travel.
About The Stars Group
The Stars Group is a leading provider of technology-based products
and services in the global gaming and interactive entertainment
industries. Through its Stars Interactive Group gaming division, The
Stars Group ultimately owns gaming and related consumer businesses
and brands, including PokerStars, PokerStars Casino, BetStars, Full
Tilt, and the PokerStars Festival, PokerStars MEGASTACK, PokerStars
Caribbean Adventure, European Poker Tour, Latin American Poker Tour
and the Asia Pacific Poker Tour live poker tour and event brands.
These brands together have more than 115 million registered customers
globally and collectively form the largest poker business in the
world, comprising online poker games and tournaments, sponsored live
poker competitions, marketing arrangements for branded poker rooms in
popular casinos in major cities around the world, and poker
programming and content created for television and online audiences.
The Stars Group, through certain of these brands, also offers
non-poker gaming products, including casino and sportsbook. The Stars
Group, through certain of its subsidiaries, is licensed or approved
to offer, or offers under third party licenses or approvals, its
products and services in various jurisdictions throughout the world,
including in Europe, both within and outside of the European Union,
the Americas and elsewhere. In particular, PokerStars is the world's
most licensed online gaming brand, holding licenses or related
operating approvals in 17 jurisdictions.
Cautionary Note Regarding Forward Looking Statements and Other
Information
This news release may contain forward-looking statements and
information within the meaning of applicable securities laws.
Forward-looking statements can, but may not always, be identified by
the use of words such as "anticipate", "plan", "continue",
"estimate", "expect", "may", "will", "intend", "could", "might",
"would", "should", "believe", and similar references to future
periods or the negatives of these words and expressions. These
statements are based on management's current expectations and are
subject to a number of risks, uncertainties, and assumptions. There
can be no assurance that actual results will not differ materially
from those expressed or implied in forward-looking statements. Undue
reliance should not be placed on forward-looking statements. Please
refer to The Stars Group's most recent annual information form and
annual and interim financial statements and management's discussion
and analysis for more information about the factors, assumptions and
risks that may apply to The Star's Group's forward-looking
statements. Each forward-looking statement speaks only as of the date
hereof, and The Stars Group undertakes no obligation to correct or
update any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by
applicable law.
For media inquiries, please contact:
Eric Hollreiser: Press@starsgroup.com
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