• 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

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