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The Stars Group & Resorts Casino Hotel Partner to Enter New Jersey's Online Sports Betting Market

Geschrieben am 02-08-2018

Atlantic City, New Jersey (ots/PRNewswire) -

The Stars Group and Resorts Casino Hotel today announced the
extension of their existing partnership in the New Jersey regulated
online gaming market to include online and mobile sports wagering
through the BetStars brand alongside the already existing online
poker and casino offering available through the PokerStarsNJ brand.
The Stars Group will bring its online and mobile-led betting
expertise and experience as one of the world's largest and most
licensed online betting and gaming companies to the burgeoning U.S.
online sports betting market, while leveraging the company's well
recognized brands, customer trust and loyalty, and established
position in New Jersey's online gaming market.

The Stars Group intends to utilize its existing and approved
proprietary technology and player account management platform for its
betting offering, providing customers in the state with a single
account, common wallet, various online and mobile depositing and
withdrawal options, and a seamless offering of betting options along
with the company's popular poker and casino products. The Stars Group
intends to draw upon its technology development, management,
marketing, and sports book trading expertise to provide New Jersey
customers with an innovative, compelling, and robust mobile-led
sportsbook. The company anticipates providing over time, subject to
required regulatory approvals, a wide range of betting products
including in-play wagering, bespoke accumulators, and live streaming,
as well as an ecosystem of free-to-play products and promotions and
sports content, for dozens of sports, including professional and NCAA
football, basketball, and baseball as well as horse racing, hockey,
soccer, tennis and other sporting markets.

"We believe The Stars Group is uniquely qualified with the
experience and insight needed to make sports betting a success in New
Jersey," said Matt Primeaux, SVP Strategy & Operations, USA at The
Stars Group. "We have successfully launched the BetStars brand in
many European regulated markets and we have invested heavily to
create a premier global offering. Working with our longstanding
partner, Resorts, we are really excited to introduce a brand-new
consumer experience by bringing New Jersey fans closer to the sports
and the teams that they love."

"We're excited to double down on our already successful
partnership with The Stars Group, which owns leading sportsbooks
globally and has always been known and respected for their advanced
technology, superior customer experience and cutting-edge security
safeguards," said Mark Giannantonio, President and CEO of Resorts
Casino Hotel.

The Stars Group currently owns online and mobile sportsbook
operations in the UK, Europe and Australia, with more than $800
million in betting revenues generated by these entities in 2017.

BetStars is the European focused online sports betting brand of
The Stars Group and sits alongside the PokerStars brand, the world's
largest poker brand, and PokerStars Casino, one of the world's
largest and fastest growing online casinos. BetStars holds nearly a
dozen sports betting licenses globally, offering support in 17
languages and through its online and mobile apps and platforms offers
a wide range of popular and specialist betting options, promotions,
exclusive new products across dozens of sports, as well as local
sports news and content in major markets.

The Stars Group recently bolstered its sports betting portfolio
through its acquisition of Sky Betting & Gaming, which operates the
Sky Bet brand, a leading mobile-led sportsbook in the United Kingdom,
the world's largest regulated online gaming market.

The Stars Group also recently successfully completed the
acquisition of CrownBet and William Hill Australia, which combined
form the third largest online sports betting operator in Australia,
the world's second largest regulated online gaming market.

About The Stars Group

The Stars Group is a provider of technology-based product
offerings in the global gaming and interactive entertainment
industries. Its brands have millions of registered customers globally
and collectively are leaders in online and mobile betting, poker,
casino and other gaming-related offerings. The Stars Group owns or
licenses gaming and related consumer businesses and brands, including
PokerStars, PokerStars Casino, BetStars, Full Tilt, Sky Bet, Sky
Vegas, Sky Casino, Sky Bingo, and Sky Poker, as well as live poker
tour and event brands, including 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. The Stars Group is one
of the world's most licensed online gaming operators with its
subsidiaries collectively holding licenses or approvals in 19
jurisdictions throughout the world, including in Europe, Australia,
and the Americas. The Stars Group's vision is to become the world's
favorite iGaming destination and its mission is to provide its
customers with winning moments.

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.

About Resorts Casino Hotel

The resort that brought gaming to Atlantic City in 1978, Resorts
Casino Hotel, a Mohegan Gaming & Entertainment Property, is at the
top of its game today, offering world-class casino action in a
relaxed environment that keeps the focus on fun. Resorts Casino Hotel
made history as the first American casino outside of Nevada and
recently celebrated a major milestone - their 40th anniversary.
Winner of 20 Casino Player Magazine 2017 "Best of Gaming Awards,"
Resorts Casino Hotel has undergone $100 million in renovations,
including the all new state-of-the-art Resorts Conference Center, a
large $25 million room renovation project and the $35 million Jimmy
Buffett's Margaritaville themed entertainment complex with the only
beach bar, Landshark Bar & Grill, on the Atlantic City sand, open
year-round.

Mohegan Gaming & Entertainment assumed management of Resorts
Casino Hotel in 2012, a move that has set the stage for its return as
the most exciting gaming destination in Atlantic City. Boasting a
prime location spanning 11 acres at the northern end of the famed
Atlantic City Boardwalk, the resort features 942 guest rooms and
suites in two hotel towers, an 80,000-square-foot casino, two
theaters, 10 restaurants, a food court featuring five eateries, two
VIP slot and table player lounges, a casino bar, indoor-outdoor
swimming pool, health club and spa, salon, and retail shops. Its
64,000 square feet of technologically advanced meeting space includes
24 meeting and function rooms, most featuring natural light and ocean
views, and a 13,000-square-foot ballroom.

For media inquiries, please contact:

Eric Hollreiser: Press@starsgroup.com

For investor relations, please contact:

Tim Foran: Tel: +1 437-371-5730, ir@starsgroup.com

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

Contact:
+44-7624-304304

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


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