TORONTO, Nov. 8, 2017
/CNW/ - The Stars Group Inc. today announced that its BetStars
sports betting brand has become the first international sports
betting operator to become licensed in the Czech Republic, following approval this week
by the Czech State Supervision of Gambling and Lotteries. The Stars
Group expects to launch in the jurisdiction later this year. This
past January, The Stars Group's flagship brand, PokerStars, became
the first online poker and casino operator to be licensed in the
Czech Republic.
BetStars.cz will be available to players in the Czech Republic across desktop, web and mobile
devices on both iOS and Android. Under the provisions of its
licence in the Czech Republic,
BetStars.cz will not offer free bets or the popular Spin & Bet
product, though players will still enjoy access to a full range of
more than 20 sports and specialist betting options.
BetStars last month launched its next generation iOS mobile
betting app and has begun rolling it out across certain of its
European Union markets, giving sports bettors in those
jurisdictions the same popular features and functions of the
current BetStars mobile product with a brand new look and feel
designed to enhance the overall user experience. This next
generation app is initially available on iOS only through iTunes,
with plans to roll out across Android and related stores in the
near future.
"We're proud to be the first international sports betting
operator to be awarded a license under the Czech Republic's new licensing regime. After
extensive development, I am also very pleased that we are now able
to begin offering players our exciting next generation mobile
betting app, an integral part of our ongoing efforts to improve our
product and overall offering for both existing and new customers,"
said Zeno Ossko, Managing Director
of BetStars.
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, StarsDraft, and
the PokerStars Championship, PokerStars Festival, PokerStars
Caribbean Adventure and PokerStars MEGASTACK live poker tour brands
(incorporating aspects of the European Poker Tour, Latin American
Poker Tour and the Asia Pacific Poker Tour). These brands together
have more than 113 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.
SOURCE The Stars Group Inc.