The Stars Group Receives Czech Republic Sports Betting License; Rolls Out Improved Sportsbook App in Europe
08 Nov, 2017, 07:30 ET
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.
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