Toronto (ots/PRNewswire) - The Stars Group Inc. today announced the
successful results of the Monte Carlo stop on the European Poker Tour
(EPT), a major live poker tournament series sponsored by The Stars
Group's flagship PokerStars brand, with a total prize pool of $27.2
million. The event attracted 1,915 unique players from 83 different
countries, generating a total of 8,170 entries across 42 tournaments.
The EUR5,300 buy-in EPT Main Event had a field of 777 players and
paid out EUR712,000 to the event winner. The EUR100,000 buy-in Super
High Roller event generated a total prize pool of EUR4,462,920, with
the winner taking home EUR1,520,000.
PokerStars sponsors live events to, among other things, promote the
game globally, brand awareness, and its online poker offerings, where
players compete online to win packages to attend these events. At EPT
Monte Carlo, PokerStars awarded seven Platinum Passes to the
PokerStars Players No Limit Hold'em Championship (PSPC), a $25,000
buy-in tournament which takes place in the Bahamas in January 2019,
were awarded to EPT Monte Carlo participants. Each Platinum Pass is
worth $30,000 and includes the buy-in, accommodation at the Atlantis
Paradise Island Resort and approximately $2,000 for travel and
expenses. A further three standard PSPC packages, which include a
single $25,000 buy-in to the PSPC only, were won through a qualifying
tournament live at the event.
The EPT, which is regarded in the industry as one of the world's most
iconic live poker tours, has already stopped in the Bahamas and Sochi
in 2018 and is due to stop in Barcelona and Prague later this year.
Following EPT Monte Carlo, poker players have turned their attention
online for the Spring Championship of Online Poker (SCOOP), which
began last Sunday, May 6. The online tournament series is celebrating
its 10th anniversary by offering $65 million in guaranteed prizes (ht
tps://sable.madmimi.com/c/18143?id=727620.45485.1.d87c11975e760c4ff86
61f6e77b89e3d), PokerStars' largest online series guarantee ever, and
five Platinum Passes 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. Last year, PokerStars
awarded an overall industry record payout of approximately $94
million across the entire series.
About The Stars Group
The Stars Group is a leading provider of technology-based product
offerings 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.
ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN
