17.09.2019 – 14:00
The Stars Group Begins Executing U.S. Strategy as Part of Landmark Agreement With FOX Sports
The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that over the last two weeks it has successfully executed on initial stages of its U.S. strategy, with the launch of FOX Bet in New Jersey and Pennsylvania, and FOX Sports Super 6 nationwide.
The FOX Bet products in New Jersey and Pennsylvania offer fans the opportunity to legally and responsibly place real-money wagers on the outcome of a wide range of live sports and special events, including football, basketball, baseball, hockey, motor sports, golf, tennis and soccer.
FOX Sports Super 6, a free-to-play sports prediction game that offers players the chance to win hundreds of thousands of dollars in cash each week, also launched nationwide on September 7. With the FOX Sports Super 6 App, fans can enter multiple contests each week, with jackpot prizes up to $250,000. To play, users simply choose who they think the winning team will be and the margin of victory or answer six multiple-choice questions. Even if no jackpot is won, players are guaranteed to split thousands in consolation cash prizes, and $65,000 has already been awarded.
In the nine days since launch, the FOX Sports Super 6 App has been downloaded more than 280,000 times, with more than 425,000 total contest entries. As of September 16, the FOX Sports Super 6 App is ranked in the top 20 in the games tab of the Apple App Store and in the top 10 in the sports section of the games tab of the Apple App Store.
In addition to the online and mobile offerings, The Stars Group and Mount Airy Casino Resort opened their land-based, retail sportsbook at Mount Airy in the Poconos on September 9, 2019.
"In just four months since announcing our historic U.S. media and sports wagering relationship, we successfully launched our FOX Bet products in two states and our nationwide free-to-play games. The pace of progress and the dedication and execution of our team and the FOX Sports team is extraordinary," said Robin Chhabra, Chief Executive Officer of FOX Bet. "Together with FOX Sports, an icon in sports programing, we believe we've built a platform that is like nothing U.S. sports fans have ever seen. We're bringing those fans closer to the games they love by making our platform more fun and engaging than any other out there."
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, 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 21 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.
Original content of: The Stars Group, transmitted by news aktuell