Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, January 07 2020 - 00:08
AsiaNet
The Stars Group and Little Traverse Bay Bands of Odawa Indians Gaming Authority Enter Agreement for Online Betting and Gaming Market Access in Michigan
TORONTO, Jan. 7, 2020 /PRNewswire-AsiaNet/ --

The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that it entered 
into an agreement with the Little Traverse Bay Bands of Odawa Indians Gaming 
Authority (“Odawa”) for online betting and gaming market access in the State of 
Michigan.

The agreement grants The Stars Group first skin market access to operate and 
brand real-money online betting, poker and casino in Michigan, subject to 
license availability, state law and regulatory approvals.
 
“We are excited to announce this agreement with the Odawa tribe, which further 
strengthens our market access as we work to continue to build our FOX Bet 
business into one of the leaders in the emerging U.S. online betting and gaming 
market,” said Robin Chhabra, Chief Executive Officer, FOX Bet.
 
“The Tribe’s partnership with The Stars Group extends beyond our reservation 
and places the thrill of world class sports betting and online gaming under 
every finger-tip sliding across a touch screen in the State of Michigan,” said 
Fred Harrington Jr., Tribal Council, LTBB Odawa.
 
Under the terms of the agreement, Odawa will receive a revenue share from the 
operation of the applicable online offerings by The Stars Group.

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.

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. Examples of these statements include, but are 
not limited to, statements regarding the expected benefits to be achieved as a 
result of the market access agreement referenced in this news release, the 
passage of applicable legislation related to online betting and gaming, the 
inclusion of applicable market access or skins in any such legislation and The 
Stars Group’s ability to operate online betting or gaming profitably in the 
state, or otherwise. 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 investor relations and media inquiries, please contact:
Vaughan Lewis, Senior Vice President, Communications: ir@starsgroup.com and 
press@starsgroup.com

Source: The Stars Group