The Intertain Group Limited
TSX : IT

The Intertain Group Limited

June 02, 2015 17:03 ET

Intertain Group Limited Launches Slots as Part of its Bingo Offering in Spain

Botemania Is First to Access the Spanish Market Legally With Slots in Order to Satisfy Customer Demand

TORONTO, ONTARIO--(Marketwired - June 2, 2015) - The Intertain Group Limited ("Intertain" or the "Company") (TSX:IT) is pleased to announce that Botemania, acquired on April 8 as part of the Jackpotjoy acquisition, became the first operator to successfully launch slots in Spain earlier today.

The launch is being supported by a coordinated cross-channel marketing campaign, which includes extensive television advertising, and centers on Boteman, a superhero who saves everyday people from boredom with entertaining games.

"Botemania is already the number one bingo operator in Spain, and launching slots is a natural extension of providing a full bingo-led gaming experience," said John Kennedy FitzGerald, President and CEO of Intertain. "We have the strongest product suite in the industry and the early reaction from our customers is indicative of how long the market has been waiting for us."

"La Isla de Tiki" is proving to be very popular, as Spaniards were spinning the reels over 200 times per minute in the first half hour of activity.

"The Gamesys team has been working on this initiative since 2011, when the first call for general licenses was launched and slots were not going to be included in the initial regulated offering," said Mr. FitzGerald. "They worked tirelessly to lead the charge to have our product suite ready and available to the Spanish market for launch day. My congratulations to everyone at Gamesys."

The call for slots license applications was launched last year. Botemania was one of the first operators to receive its approved license and became the first operator to launch its slots products in the Spanish market - which is a clear indication of Intertain's drive and focus.

Thanks to a coordinated effort between Gamesys, High5, and WMS Games, Botemania will offer the most compelling games as well as the best user experience for the Spanish market.

About The Intertain Group Limited

Intertain is an online gaming company that provides entertainment to a global consumer base. Intertain currently offers bingo and casino to its customers using the InterCasino www.intercasino.com, Costa www.costabingo.com, Vera&John www.verajohn.com, and Jackpotjoy www.jackpotjoy.com brands. For more information about Intertain please visit www.intertain.com.

Disclaimer in Regards to Forward-Looking Statements and Non-IFRS Financial Measures

Certain statements included herein, including those that express management's expectations or estimates of our future performance constitute "forward-looking statements" within the meaning of applicable securities laws, including, without limitation, our statements as to guidance regarding total revenues, total adjusted net income and total adjusted diluted income. The purpose of the guidance provided herein is to enhance our disclosure and assist in understanding our expected and targeted financial results, and this information may not be appropriate for other purposes. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The additional key assumptions that the Company has made in connection with the forward-looking statements is that the Company will be able to successfully integrate and realize the benefits of its completed acquisitions. Investors are cautioned not to put undue reliance on forward-looking statements. Events or circumstances that could cause the actual results to differ materially from those in the forward-looking statements include general economic, business and market conditions, foreign exchange rates, governmental and regulatory actions, including changes in law or in the interpretation of laws relating to online gaming. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Additional information identifying risks and uncertainties is contained in Intertain's filings with the Canadian securities regulators, including its annual information form dated March 31, 2015, available at www.sedar.com.

This release contains non-IFRS financial measures and are noted where used. These financial measures are commonly used to compare companies and management believes they are important measures in evaluating Intertain. However, they are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS. Therefore, they may not be comparable to similar measures presented by other issuers. Investors are cautioned that such measures should not be construed as alternatives to comparable IFRS measures determined in accordance with IFRS.

Contact Information

  • The Intertain Group Limited
    Amanda Brewer
    Vice President, Corporate Communications
    416 720-8150
    abrewer@intertain.com