Monday, August 26, 2019
News
NEWS HOME
»
PRN INDIA
The Stars Group and Akwesasne Mohawk Casino Resort Enter Agreement for Online Betting and Gaming Market Access and Retail Sportsbook in New York
  SocialTwist Tell-a-Friend  
   

TORONTO, July 9, 2019 /PRNewswire/ --  The Stars Group Inc. (Nasdaq: TSG) (TSX: TSGI) today announced that it entered into an agreement with the Akwesasne Mohawk Casino Resort for betting and gaming market access and certain retail sports betting operations in the State of New York.    

The agreement grants The Stars Group an option to operate and brand real-money online sports betting, poker and casino in New York on a first skin basis, subject to license availability, state law and regulatory approvals. The agreement also provides that The Stars Group will provide support services for the launch and operation of a retail sportsbook at the Akwesasne Mohawk Casino Resort in Northern New York.    

"We are excited to announce this agreement with Mohawk, which further strengthens our market access as we work to build our FOX Bet business into one of the leaders in the emerging U.S. online betting and gaming market," said Robin Chhabra, CEO of FOX Bet, the new U.S. sports betting brand of The Stars Group.

Todd Papineau, General Manager of the Akwesasne Mohawk Casino Resort commented, "We are thrilled to elevate the sports betting experience for our guests in our new sports lounge, a 5,200 square foot sports betting hub that will be ready during the NFL season.   Once permissible in the state, we will be prepared to accept sports wagers through our new kiosks. With its online betting and gaming solutions and FOX Bet and PokerStars brands, we believe The Stars Group is the ideal partner for us and it is positioned to become a leader in the U.S. online betting and gaming industry. We are delighted to work with The Stars Group, one of the world's largest, most licensed online gaming companies, to leverage the opportunity presented by online betting and gaming in the State of New York."

Under the terms of the agreement, Mohawk will receive a revenue share from the operation of the applicable online offerings by The Stars Group and The Stars Group will receive a revenue share from the operation of the retail sportsbook from Mohawk.

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, Sky Poker, and Oddschecker, as well as live poker tour and events 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.

About The Akwesasne Mohawk Casino Resort

Akwesasne Mohawk Casino Resort is owned by the Saint Regis Mohawk Tribe of Akwesasne, New York. The property includes 130,000 square feet of gaming with more than 1,500 of the newest slot and video poker titles, a large selection of table games, a poker room and the 650 seat Mohawk Bingo Palace. AMCR offers a variety of entertainment with shows and concerts, as well as Live DJ's and bands in Cascades Bar & Lounge. There are five food venues which include the Native Harvest Buffet, Maple Room Steakhouse, Sticks Sports Bar & Grill, Rapids Food Court, and Cedars Coffee featuring StarbucksTM beverages. In addition, AMCR offers a 150-room hotel which features banquet rooms or meeting space, the relaxing Sweetgrass Spa, and an indoor pool. AMCR is the premier resort destination in New York's North Country.  

All revenue generated by AMCR supports the general health, education and welfare of the Akwesasne Community of over 16,000 Tribal members.

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 agreement referenced in this news release, the passage of applicable legislation related to retail and online betting and gaming, the inclusion of applicable market access or skins in any such legislation and The Stars Group's ability to support, operate or offer retail and online betting or gaming, as applicable, profitably in these states, 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    
press@starsgroup.com    

 

More News by PR Newswire India

ZOYA - A Tata Product Introduces 'Rhapsodie'

Consumer Activist Shiv Shankar Gupta Urges People to be Wary of Premium Salt Brands

Ted and Amauri Paraskakis - two foodies showing the world another side of loving foods

VeChain Attends Shanghai International Blockchain Week 2019

Redefine Travel Data Intelligence: Airsavvi Launches as VariFlight's Data Arm for Corporate Clients

Xinhua Silk Road: Haier builds responsible brand worldwide

'Sounds That Bring You Peace', Ĺ KODA INDIA'S All-new Social Experiment

Chitkara University Goes Ethnic, Replaces 'Colonial Gown' With Traditional Wear

Cyril Amarchand Mangaldas Advises Indifi Technologies on 'Series C' Funding Round led by CDC Group and Existing Investors

Dr. Amrita Vohra Recognised as 'Future 50 Leader Shaping Success'

HGC completes acquisition of Macroview, a leading digital technology and IT infrastructure solutions provider

LONGi Solar achieves top-performing AA-rating status in new PV ModuleTech Bankability rankings

In Mind Cloud Appoints Karan Sood as Chief Technology Officer

Glenmark Pharmaceuticals Receives ANDA Approval for Fulvestrant Injection, 250 mg/5 mL (50 mg/mL)

Country Garden releases 2019 H1 results report

MCRA Hires Reimbursement Leader Tonya N. Dowd, MPH, as Vice President of Reimbursement, Health Economics, and Market Access

A grain of truth: The Cambodian Rice Federation (CRF) appeals to the European Union to save the livelihoods of half a million families

/C O R R E C T I O N -- EW Healthcare Partners/

EW Healthcare Partners Raises Over $745 Million Fund 2a

The International Dota 2 Championships 2019 Kicks off in China

Casio to Release Second Set of EDIFICE Collaboration Models With Honda Racing & Scuderia Toro Rosso F1 Team

Digital Banking Solution Provider, Clayfin Technologies Relocates to a Bigger 'New-age Open Office' to Reflect its Brand Promise and Meet the Growing Demand for its Expertise in Digital Transformation

Kokoon Global, Per Jacob Solli Welcome Bodø Nu Media Redaction, Clarification

Apptio Opens First Center of Excellence in India to Recruit Top Talent and Help Companies Fuel Digital Transformation

VeChain Attends the 1st Important Product Tracing Expo (Shanghai) And Showcases Multiple VeChain ToolChain-Based Solutions

Perfetti Van Melle India Expands Center fresh Brand Portfolio With Launch of Center fresh 3 Layer Gum

ValueLabs Wins big at Asia's Best Employer Brand Awards 2019

Low-Code Is the Future - OutSystems Named a Leader in the 2019 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms

GIIS Hosts Fourth Edition of Model United Nations 2019

QAD Prepares for 5G Connected Factories

Alliance to End Plastic Waste Appoints Jacob Duer As President And Chief Executive Officer

TO THE NEW Develops 'Performance Smartboard' for the Ministry of External Affairs

Frost & Sullivan: Tighter Border Security Measures Increases Growth Opportunities for Biometrics in the Public Segment

TECH5 Becomes the First ABIS Vendor to Fully Integrate Its Biometric Technologies With MOSIP® Identity Management Platform

NDB obtains AAA rating from Japan Credit Rating Agency

Wefast via its Parent Company Dostavista, the Leading Crowdsourced Same-Day Delivery Service, Secures $15 Million in Series B Funding

Ferns N Petals' Contribution Towards Society

World's Largest Youth Run Organisation - IIMUN's National Championship Conference Helps Bring the World Closer, the Indian Way

Smiths Detection Opens State-of-the-Art Service, Training and Experience Centre in India

SRKay Ropes in Yet Another Industry Veteran to Head its European Business

Acronis True Image 2020 Automates 3-2-1 Backups as the Only Personal Solution to Replicate Local Backups in the Cloud

Growth Opportunities in the Global Animal and Pet Nutrition Ingredients Market Look Promising

Super Antioxidant Ergothioneine Achieves GRAS Status from FDA

Pneuma Respiratory, Inc. Announces New Chairman of the Board

Biotech Conagen Acquires Production Platform of Therapeutic Proteins

Metallix Refining Announces New Asia Location

Weddingz.in Witnesses 480% Revenue Growth 12 Months Post-OYO Acquisition; Expands to Over 30 Cities in India

Autodesk University India 2019 to Showcase the Potential of Automation to Design and Make a Better World

Shell's IT-Day Charts Course for Industry-wide Digital Transformation

Robert Redford Joins HSH Prince Albert II of Monaco In His Fight for the Future of the Ocean

Thailand BOI, University Network to Spur R&D Linkage with Industry

86% of Users Quit Shopping Apps After 4 Weeks: New Research From CleverTap

3M India Awards the Winners of '3M-CII Young Innovators Challenge Awards 2019'

Gavin Bambury named OANDA(R) CEO

A Power-packed OPPO Reno2 to Feature Qualcomm Snapdragon 730G Processor and the Advanced VOOC 3.0 Flash Charge Technology

Quantela to Roll Out Smart City Services in the Opportunity Zones of the City of Erie, PA

Astral Pipes Join Hands With Prabhas Starrer Saaho

IMC Group: Singapore Ranks Among the Easiest and Best Places to do Business Worldwide

ASCENT Foundation to Host Ascent Conclave 2019 - The Fourth Edition of Their Annual Flagship Event

68% Data Scientists use Python Programming Language, 56% Prefer Tableau for BI: Data Science Skills Study 2019

GPX India Expands its Cloud Ecosystem by Supporting Linode's Launch of Cloud Services in India

MINDBODY Acquires Software Consulting Firm Simplicity First

With a printing solution for all, Pantum strives to meet diverse consumer needs in the growing Indian market

D-Link Showcases Industrial Solutions at the 2019 Taipei Automation Exhibition

Versa Networks Partners with Tangible Technology to Offer Software-Defined Managed Services for Australia Enterprises

IBM Commended by Frost & Sullivan for its Software-defined Storage Platform, IBM Cloud Object Storage

UPDATE: Venture Global Announces Final Investment Decision and Financial Close for Calcasieu Pass LNG

Brazilian Telcos Upgrade their B2B and B2C Offerings to Become One-stop ICT and Digital Solution Providers

Clinical Decision Support Systems Revolutionize the EMR to Become the Leader for Patient Empowerment

Smarten Augmented Analytics: Sophistication and Simplicity

NCCN Updates Spanish Adaptations of NCCN Guidelines to Enable Better Cancer Prevention, Diagnosis, and Treatment in Spain

IMKAN Awards China's CNTC as Main Contractor for Pixel Project in Makers District on Reem Island

AntWorks is recognised as a Leader in NelsonHall's NEAT for Intelligent Automation Platforms

Hisense Launched First Social TV With Exclusive Hi Table Interactive System in Chinese Market

Nexteer and Dongfeng Components Joint Venture Begins Steering Systems Production

Rajshri Entertainment Forays Into the Fiction Genre With Marathi Web-series 'U Turn'

EagleView CEO Returns to his Roots With Opening of New R&D Center in Bengaluru, India

Cybershoes®: The Next Leap Into Virtual Reality

Henley & Partners: Rising Anxiety Over Impact of No-Deal Brexit on Britain's Passport Power

LifeCell Launches 'PrepaCyte-CB®' Cord Blood Processing Technology as a First in India

Novotel Kolkata Hotel & Residences Reframes MICE in Eastern India

Ex-Aon Hewitt CEO Sandeep Chaudhary Joins Recruitment Firm Taggd on Advisory Board

Star Air Customers can Now Book Tickets From MakeMyTrip and Other OTAs

Caribbean Citizenship by Investment Tops New 2019 CBI Index Yet Again, FT Publication Shows

Team Chandigarh University Makes India Proud at Dance World Cup 2019: Lifts 1st Runners-up Trophy Beating Teams From 19 Countries

Scaled Agile Launches Core Working Group for SAFe® in India

Venture Global Announces Financial Close for Calcasieu Pass LNG

2019 CC Awards - Kahuna Winners Announced

"Evidence Based Legislative Interventions Required to Make Indian Road Safer," say Experts in Workshop Organised by ThinkNiti on Motor Vechicle Amendment Act 2019

21st CBD Fair (Guangzhou) in China Attracts Nearly 200,000 Visitors, New Exhibition Announced for 2020

'Full-Scenario Retail' Approach Boosts Suning.com 818 Shopping Festival

World For All Partners With TikTok to Launch its Animal Welfare Campaign #PetBFF

If You Were Injured By A Malfunctioning Takata Airbag, You May Still Be Eligible For Compensation Through The Special Master's And Trustee's Claim Process For Personal Injuries Or Wrongful Death

Energy EXCH Launches Economic Calendar for Oil Traders

Nixplay Signage and PCCW Global to collaborate on IoT and digital signage

Merck Granted Seven Additional CRISPR Patents, Bringing Total to 20 Worldwide

Microland Names Ashish Mahadwar as President for Global Sales & Marketing

Gryphon Investors Agrees to Invest in Enthusiast Hand-Protection Brand, Mechanix Wear

Sri Sri Received by Venezuelan Delegation Amidst Social and Political Logjam

Glenmark Receives Approval for Combination of Remogliflozin Etabonate and Metformin Hydrochloride for Adults With Type 2 Diabetes in India

LUI Che Woo Prize Reveals 2019 Laureates

Mekosha Ayurveda Spasuites Retreat Kerala Launches New Wellness Programs

Pennar Industries Bags Orders Worth INR 538 Crore

TrackMyPhones Founder Srihari Karanth Feted With 'Top 50 tech Visionaries Award' for Pioneering Development in Remote Tracking Safety Apps

Drive Technology Holland Launches Gearless Drive System

US Court Refuses To Halt Discovery Against Kazakh State Assets Held Around The World

OPPO Reno2 Series Set to Redefine Creativity

Media Members Tee Off At Forest City Classic Golf Course

Xinhua Silk Road: North China's Alxa League to hold autocross festival in Oct.

Beijing's Green Belt & Road Forum Draws Global Lenders

Second Edition of TechLaw.Fest Addresses Challenges Surrounding Data Access and Control, Data Security, 5G, and the Role of Data in Commerce

BloombergNEF Awards Sungrow a 100% Bankability Rating

"Borderline" Becomes Southeast Asia's First Contemporary Artwork to be Acquired by France's Guimet Museum

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Andhra official quits TTD panel over par...
Andhra Chief Minister calls Sindhu a 'tr...
Agartala-Delhi direct flight to improve ...
UT Chandigarh to observe one-day state m...
No hike in bus fare in Haryana, clarifie...
Fortify banks along Pak border to stop f...
More...    
 
 Top Stories
Questions crop up over washed away ... 
Worlds title a dream come true: Man... 
Angelina Jolie feels fighting for b... 
Shawn Mendes apologises over racist... 
Here's how diabetes can elevate can... 
Tej Pratap plays Lord Krishna on Ja... 
TN: Political parties stage protest... 
Modi bats for strengthening India-U...