- 10.04.2018, 15:28:45
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- OTE0006
The Stars Group Announces PokerStars' Largest Ever Spring Championship of Online Poker
Toronto (ots/PRNewswire) - The Stars Group Inc. today announced that
its 2018 PokerStars Spring Championship of Online Poker (SCOOP) will
offer a guaranteed prize pool of $65 million, the largest in
PokerStars' history, and approximately $10 million larger than last
year's guarantee.
The annual online event, which celebrates its tenth anniversary this
year, will take place from May 6 through 21 and will also guarantee
at least one $1 million tournament each day. SCOOP offers tiered
buy-in levels for each event, ranging from $2.20 to $25,000.
Five Platinum Passes to the PokerStars Players No Limit Hold'em
Championship (PSPC), which takes place in January 2019 in the
Bahamas, will also be awarded to the main event winners across each
buy-in level, the first-placed player on the SCOOP series leader
board and the winner of an All-In Shootout Challenge. Each Platinum
Pass is worth $30,000 and includes a $25,000 PSPC buy-in,
accommodation at the Atlantis Paradise Island Resort and
approximately $2,000 for travel and expenses.
The record-breaking guaranteed prize pool for the tenth anniversary
edition follows last year's successful SCOOP series where PokerStars
delivered the biggest day in online poker history and the largest
ever online poker series overall. More than $39 million in prize
pools were awarded over a single day and an overall industry record
payout of approximately $94 million was awarded across the entire
series. Later in 2017, PokerStars' World Championship of Online Poker
(WCOOP) exceeded its advertised guarantee of $60 million to pay out
approximately $91 million, becoming the second largest ever online
poker series.
"2017 was a record-breaking year for SCOOP and online poker," said
Rafi Ashkenazi, Chief Executive Officer of The Stars Group. "We're
excited to increase our investment in the poker community again this
year by delivering more winning moments during SCOOP 2018, which
provides two of the most eagerly anticipated weeks in the online
poker calendar."
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. The Stars Group directly or indirectly, including through
its Stars Interactive Group division, owns gaming and related
consumer businesses and brands, such as PokerStars, PokerStars
Casino, BetStars, Full Tilt, and the PokerStars Players No Limit
Hold'em Championship, European Poker Tour, PokerStars Caribbean
Adventure, Latin American Poker Tour, Asia Pacific Poker Tour,
PokerStars Festival and PokerStars MEGASTACK live poker tour and
event brands. These brands together have millions of 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 and other
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, Australia, 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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