Stars Group Inc.

12/03/2019 | Press release | Distributed by Public on 12/03/2019 07:14

THE STARS GROUP AGREES TO ACQUIRE BETEASY MINORITY INTEREST; SETTLES PERFORMANCE PAYMENT

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, FOX Bet, BetEasy, 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, 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 22 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.

About BetEasy

BetEasy is a leader in online and mobile wagering in the Australian market and is majority owned by The Stars Group. Through proprietary technology and innovative interfaces and applications, BetEasy provides its customers with a category-leading wagering experience and is the only corporate bookmaker in Australia to stream every Australian thoroughbred, greyhound and harness racing to its customers. BetEasy is the Official Wagering Partner of the NBA and the AFL, Premier Wagering Partner of thoroughbred broadcaster Racing.com and is a founding member of Responsible Wagering Australia which advocates for enhanced consumer protection and sporting integrity outcomes in the Australian wagering industry.

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, including with respect to, among other things, The Stars Group's acquisition of the minority interest in BetEasy and BetEasy's future growth. 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:

Vaughan Lewis: [email protected] and [email protected]