Business
NorthStar Gaming Closes Acquisition of Slapshot Media
Toronto, Ontario--(Newsfile Corp. - May 8, 2023) - NorthStar Gaming Holdings Inc. (TSXV: BET) (th...
About this update from Northstar Gaming Holdings Inc
[{"type":"text","content":"NorthStar Gaming Closes Acquisition of Slapshot MediaToronto, Ontario--(Newsfile Corp. - May 8, 2023) - NorthStar Gaming Holdings Inc. (TSXV: BET) (the \"Company\" or \"NorthStar\") is pleased to announce it has closed its previously announced acquisition (the \"Transaction\") of Slapshot Media Inc., a Canadian iGaming marketing and managed services company that specializes in providing managed services to Spreads.ca, an iGaming site owned and operated by the Abenaki Council of Wolinak. The goal of this strategic Transaction is to ultimately open up the Canadian market to the NorthStar brand outside Ontario, and materially expand the addressable market available to NorthStar via its relationship with Spreads.ca. This strategic acquisition is highly complementary to NorthStar's current online casino and sportsbook offerings. Spreads.ca is not and will not be made available in Ontario and NorthStar Bets will continue to be the only online casino and sports book offered by NorthStar in Ontario. For more information on NorthStar Gaming and its current partners, please visit www.northstargaming.ca.About NorthStar NorthStar proudly owns and operates NorthStar Bets, a made-in-Ontario casino and sportsbook gaming platform that provides players with a uniquely local, premier user experience. The NorthStar Bets sportsbook provides real-time news, stats, analysis and scores directly in the betting environment along with the most popular online casino games. A Canadian company, NorthStar is uniquely positioned to become a convergence leader in the intersection of sports media and sports wagering thanks to its partnerships and agreements with leading media companies. NorthStar is committed to operating at the highest level of responsible gaming standards.NorthStar Bets is regulated by the Alcohol and Gaming Commission of Ontario and operates in Ontario pursuant to an operating agreement with iGaming Ontario.NEITHER TSX VENTURE EXCHANGE (\"TSXV\") NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Forward-Looking InformationThis communication contains \"forward-looking information\" within the meaning of applicable securities laws in Canada. Forward-looking information may relate to future events or future performance of NorthStar. Forward-...