Hit, Split, Stand or Double Down? NorthStar Gaming Unveils its First-Ever Online Blackjack Championship in Ontario

Rhea-AI Summary

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) has launched the NorthStar Blackjack Championship, an online Blackjack tournament with a $100,000 prize pool, running from October 21 to November 25, 2024. The tournament, exclusive to NorthStar Bets in Ontario, offers players a chance to win a 10-ounce pure-gold bar valued at $35,000 for first place.

Players earn points for consecutive winning hands to climb the Championship Qualifier Leaderboard. The top 50 players after four weeks will compete in the final week's "Showdown for the Crown". Daily and weekly cash prizes are also available, with daily winners earning $250 and weekly top performers winning up to $2,000.

The tournament is free to enter and open to legal Ontario residents aged 19 and above. CEO Michael Moskowitz states this first-of-its-kind tournament demonstrates NorthStar's commitment to innovation and providing unique gaming experiences.

Positive

• Launch of a unique $100,000 online Blackjack tournament, potentially attracting new users
• No entry fee required, which could encourage higher participation rates
• Opportunity to showcase innovation in the gaming industry
• Potential to position NorthStar Bets as a premier gaming destination in Ontario

Negative

• to Ontario residents only, restricting potential market reach
• High prize pool of $100,000 could impact short-term profitability

Available exclusively on NorthStar Bets, the NorthStar Blackjack Championship invites players to compete for a $100,000 prize pool

Toronto, Ontario--(Newsfile Corp. - October 21, 2024) - NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") is calling all Blackjack players and casino enthusiasts to compete in a $100,000 online Blackjack tournament, the ultimate online competition for Blackjack players. Launching today, the inaugural NorthStar Blackjack Championship runs until November 25, 2024.

Stakes are high as the NorthStar Blackjack Championship offers an unparalleled opportunity for players of all levels a chance to be crowned Ontario's best online Blackjack player and claim their share of the $100,000 prize pool.

In addition to championship bragging rights, the tournament winner will be awarded the first-place prize of a 10-ounce pure-gold bar (or equivalent cash value), valued at $35,000, rounding out a competition of strategy and skill with the chance to seize a golden opportunity!

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How the NorthStar Blackjack Championship works:

• Participants earn points for consecutive winning hands and climb the Championship Qualifier Leaderboard.
• The Championship Qualifier Leaderboard tracks total points for every player throughout the tournament and will be used to determine which players progress to the Championship round.
• After four weeks of competitive play, the top 50 players in overall points will be invited to compete in the "Showdown for the Crown".
• The Championship period will run for the fifth and final week where the winner will take home a 10-ounce gold bar valued at $35,000 and crowned Ontario's best Blackjack player.
• Daily and weekly cash prizes will also be awarded for top performances over the course of the tournament.
• The daily Leaderboard resets nightly with the daily winner earning $250.
• The weekly Leaderboard resets every Sunday with the Top 3 players taking home $500 (third place), $1,000 (second place), and $2,000 (first place) each.

NorthStar is carving a new path for its players to compete in a unique and unforgettable gaming experience with the launch of the Blackjack Championship that provides participants the opportunity to win the prestigious title alongside a groundbreaking prize.

"We believe this is a first-of-its-kind tournament that provides an incredible opportunity for our online players to showcase their skills in one of the world's most thrilling and renowned casino games," said Michael Moskowitz, Chair and CEO of NorthStar Gaming. "We're excited to unite an online community of Blackjack fanatics for a chance to demonstrate their talent and win big. The idea behind this tournament underscores our commitment to innovation and positions our platform as a premier destination for players seeking a unique and exciting experience."

No entry fee is required, and players will have the right to choose individual wagers placed per game. Open to legal Ontario residents, 19+ only. To learn more and see contest rules, download the app or visit www.northstarbets.ca (Ontario only).

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About NorthStar

NorthStar (TSXV: BET) (OTCQB: NSBBF) proudly owns and operates NorthStar Bets, a Canadian-born casino and sportsbook platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, NorthStar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Our sportsbook stands out with its exclusive Sports Insights feature, seamlessly integrating betting guidance, stats, and scores, all tailored to meet the expectations of a premium audience.

As a Canadian company, NorthStar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. NorthStar is committed to operating at the highest level of responsible gaming standards.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Note Regarding Forward-Looking Information and Statements

This communication contains "forward-looking information" within the meaning of applicable securities laws in Canada ("forward-looking statements"), including without limitation, statements with respect to the following: expected performance of the Company's business, expected benefits of the introduction of product innovations, and player engagement levels. The foregoing are provided for the purpose of presenting information about management's current expectations and plans relating to the future and allowing investors and others to get a better understanding of the Company's anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates" or "believes", or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. This forward-looking information is based on management's opinions, estimates and assumptions that, while considered by NorthStar to be appropriate and reasonable as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward- looking information. Such factors include, among others, the following: risks related to the Company's business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; the ability of the Company to implement its business strategies; and those factors discussed in greater detail under the "Risk Factors" section of the Company's most recent annual information form, which is available under NorthStar's profile on SEDAR+ at www.sedarplus.com. Many of these risks are beyond the Company's control.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking statements. Although the Company has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents NorthStar's expectations as of the date specified herein ,and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

For further information:

Company Contact:

Corey Goodman
Chief Development Officer
647-530-2387
investorrelations@northstargaming.ca

Investor Relations:

RB Milestone Group LLC (RBMG)
Northstar@rbmilestone.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227235

FAQ

What is the prize for winning the NorthStar Blackjack Championship?

The first-place winner of the NorthStar Blackjack Championship will receive a 10-ounce pure-gold bar (or equivalent cash value) valued at $35,000.

When does the NorthStar Blackjack Championship (NSBBF) run?

The NorthStar Blackjack Championship runs from October 21 to November 25, 2024.

How do players qualify for the final round of the NorthStar Blackjack Championship?

The top 50 players on the Championship Qualifier Leaderboard after four weeks of play will qualify for the final 'Showdown for the Crown' round in the fifth week.

Are there any entry fees for the NorthStar Blackjack Championship by NSBBF?

No, there is no entry fee required to participate in the NorthStar Blackjack Championship.