Eldorado Resorts Announces Market Access Partnership with the Stars Group

Eldorado to Receive Revenue Share and Upfront TSG Equity Stake of $25
Million in Exchange for Providing TSG Access to Eldorado’s Online Sports
Wagering, Online Gaming and Online Poker Licenses

RENO, Nev.–(BUSINESS WIRE)–Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado” or the “Company”)
announced today that it has entered into a 20-year definitive agreement
with The Stars Group Inc. (NASDAQ: TSG)(TSX: TSGI) (“TSG”) pursuant to
which the Company will provide TSG with options to obtain access to
Eldorado’s second skins for online sports wagering. In addition, TSG
will have an option to access its third skin to operate real money
online gaming and poker operations in the United States.

Under the terms of the agreement, Eldorado will receive a revenue share
from the operation of the applicable verticals by TSG under Eldorado’s
licenses. Eldorado will also receive an upfront equity interest in TSG
of $25 million, and Eldorado may receive an additional $5 million in TSG
equity upon the exercise of the first option by TSG. A further equity
stake may be provided to Eldorado after five years, based on TSG net
gaming revenue generated in Eldorado’s markets, the value of which will
come at a fixed ratio based on $23.22 per TSG share.

TSG will operate under Eldorado’s licenses using TSG’s significant
portfolio of online brands and its turnkey online sports technology
services and Eldorado is providing TSG with access to its government
relations personnel as TSG seeks additional licensing. Eldorado’s
suppliers will equally share all costs related to licensing and
permitting.

Pursuant to the terms of the agreement announced between William Hill
and Eldorado on September 5, 2018, William Hill US remains Eldorado’s
exclusive provider for land-based retail sports wagering and has
consented to the Company’s agreement with TSG. William Hill US will
share in the economics of The Stars Group transaction and will have
access to Eldorado’s first and third skin for online sports betting in
all states.

About Eldorado Resorts, Inc.

Eldorado Resorts is a leading casino entertainment company that owns and
operates twenty eight properties in thirteen states, including Colorado,
Florida, Illinois, Indiana, Iowa, Louisiana, Mississippi, Missouri,
Nevada, New Jersey, Ohio, Pennsylvania and West Virginia. In aggregate,
Eldorado’s properties feature more than 30,000 slot machines and VLTs
and 800 table games, and over 12,500 hotel rooms. For more information,
please visit www.eldoradoresorts.com.

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, BetEast, Sky Bet, Sky Vegas, Sky Casino,
Sky Bingo, and Sky Poker, as well as live poker tour and event brands,
including 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 license or
approvals in 19 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.

Forward-Looking Statements

This press release includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements regarding our strategies,
objectives and plans for future development or acquisitions of
properties or operations, as well as expectations, future operating
results and other information that is not historical information. When
used in this press release, the terms or phrases such as “anticipates,”
“believes,” “projects,” “plans,” “intends,” “expects,” “might,” “may,”
“estimates,” “could,” “should,” “would,” “will likely continue,” and
variations of such words or similar expressions are intended to identify
forward-looking statements. Although our expectations, beliefs and
projections are expressed in good faith and with what we believe is a
reasonable basis, there can be no assurance that these expectations,
beliefs and projections will be realized. There are a number of risks
and uncertainties that could cause our actual results to differ
materially from those expressed in the forward-looking statements which
are included elsewhere in this press release. Such risks, uncertainties
and other important factors include, but are not limited to (a) the
possibility that online and mobile betting and gaming are not approved
in various jurisdictions, or, to the extent that such gaming activities
are approved, the market for such gaming does not develop as
anticipated; (b) risks relating to obtaining and maintaining required
licenses, approvals and permits necessary for the operation of online
and mobile betting and gaming; and (c) other risks and uncertainties
described in our reports on Form 10-K, Form 10-Q and Form 8-K.

Contacts

Thomas Reeg Joseph N. Jaffoni, James Leahy
President JCIR
Eldorado
Resorts, Inc. 212/835-8500
775/328-0112 eri@jcir.com
investorrelations@eldoradoresorts.com