The Stars Group Invests $9 Million in First Ever Pokerstars Players No Limit Hold'em Championship

Toronto (ots/PRNewswire) -

The Stars Group Inc. today announced the launch of the PokerStars
Players No Limit Hold'em Championship, a $25,000 buy-in poker
tournament that will be the culmination of all PokerStars online and
live promotions and player rewards throughout 2018. The year-long
journey to the tournament, which will take place in the Bahamas
January 6-10, 2019, will see PokerStars, the flagship brand of The
Stars Group, give away an estimated $8 million worth of free
tournament packages and contribute an additional $1 million to the
prize pool generated by entrants for first prize. PokerStars aims to
make the tournament the richest-ever $25,000 live event in poker
history.

This unique poker tournament is intended to bring the poker world
together in celebration of the game while providing a one-of-a-kind
immersive live poker experience and the chance for players of all
skill levels to win millions of dollars.

"We expect the PokerStars Players No Limit Hold'em Championship
will set the new global standard for live poker tournaments," said
Chief Executive Officer of The Stars Group, Rafi Ashkenazi. "We want
to demonstrate and reinforce our commitment to the game, and give
something back to the players by investing in our live events in a
meaningful way. Our objective is to create an event that brings
professionals and amateurs together, creating many winning moments
and unforgettable stories."

Throughout 2018, PokerStars will give away more than 300
tournament packages, known as Platinum Passes, on PokerStars live
tours around the world, and online in tournaments, cash games,
promotions, and via the Stars Rewards loyalty program. Each Platinum
Pass is expected to be worth around $30,000 and includes the $25,000
tournament buy-in, accommodation at the Atlantis Hotel and Casino
Resort in the Bahamas, and $2,000 in cash towards travel costs. Like
most poker tournaments, players can also buy in directly for $25,000.
Tournament participants can also expect potential additional rewards,
surprises and experiences like that of no other tournament.

"I'm super excited about the Players No Limit Hold'em
Championship," said Team PokerStars Pro Daniel Negreanu. "This is
going to be an incredible experience for those who participate and
everyone, no matter their skill level, has a chance to win a Platinum
Pass. It will be a must play event with loads of added value."

Following on from the well-loved PokerStars Caribbean Adventure
(PCA) earlier this year, PokerStars has also today announced the
refocus of certain of its live tour brands, including the European
Poker Tour (EPT), Latin American Poker Tour (LAPT), and Asia Pacific
Poker Tour (APPT). At least one Platinum Pass will be given away at
each EPT, LAPT and APPT stop, as well as at each PokerStars Festival
and PokerStars MEGASTACK event. PokerStars Festival events are mainly
tailored for recreational players and take place in destination
cities around the world, while PokerStars MEGASTACK events offer
deep-structured tournaments at a low, accessible price in cities
around Europe and the United States.

More information about the PokerStars Players No Limit Hold'em
Championship can be found at http://www.pokerstarslive.com .

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, sportsbook and daily
fantasy sports. 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

ots Originaltext: The Stars Group
Im Internet recherchierbar: http://www.presseportal.de

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Original-Content von: The Stars Group, übermittelt durch news aktuell