- 24.05.2018, 18:13:12
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- OTE0009
The Stars Group's Pokerstars Spring Championship of Online Poker Surpasses Guarantee With $91 Million Prize Pool
Toronto (ots/PRNewswire) - The Stars Group Inc. (Nasdaq: TSG) (TSE:
 TSGI) today announced that its popular annual Spring Championship of
 Online Poker (SCOOP) tournament series exceeded its largest ever $65
 million guarantee, ultimately paying out approximately $91 million in
 prizes and making it the second largest ever online poker series
 behind last year's SCOOP which paid out approximately $94 million.
This year's SCOOP ran from May 6 to May 23 spanning 16 days and 183
 tournaments, 28 of which individually guaranteed at least $1 million
 in prizes. The online series, which is in its tenth year, attracted
 141,862 players from 141 different countries for a total of 1,071,706
 tournament entries; tournament buy-ins ranged from $2.20 to $25,000.
 Among the industry-leading prize guarantees, the SCOOP-58-H Main
 Event sported a $5 million guarantee.
"The Spring Championship of Online Poker is one of the most important
 highlights of the annual poker calendar," said Rafi Ashkenazi, Chief
 Executive of The Stars Group. "In its tenth year, we were pleased to
 deliver not only the largest online poker guarantee in PokerStars
 history but to yet again pay out over $90 million in prizes to our
 players."
A total of five PokerStars Players No Limit Hold'em Championship
 (PSPC) Platinum Passes, worth around $30,000 each, were awarded to
 the SCOOP main event winners across each buy-in level, as well as the
 first-place player on the SCOOP leader board and the winner of an
 'All-in Shootout' draw. The PSPC takes place in the Bahamas in 2019
 and The Stars Group expects it to be the largest $25,000 buy-in poker
 tournament in poker history. The Stars Group is giving away a total
 of $8 million worth of Platinum Passes and an additional $1 million
 for the overall winner at the PSPC.
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
ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN






