Alienware Revamps its Iconic Laptop Armada at CES 2023

Alienware and Dell today reveal six new gaming laptops including: Alienware m18 and m16 Alienware x16 and x14 and Dell G16 and G15 . And these aren't small updates either the roster debuts updated form factors and materials, best-in-class performance upgrades, design and comfort enhancements, as well as an overhauled Alienware Command Center .

Alienware reveals six new gaming laptops including: Alienware m18 and m16, Alienware x16 and x14.

As what defines preeminent gaming experiences constantly evolves, Alienware and Dell continue to set itself apart with meaningful high-impact innovation that meets the changing needs of gamers. Whether you're a competitive or hobby gamer, if freedom without compromise is what you value most, look no further than our intrepid new fleet of high-performance laptops.

New Alienware laptops galvanize gamers with elite power, performance and design

In 2019, we made a bold move to undergo a complete portfolio redesign to distinguish Alienware's brand identity from the industry. At the time, the landscape was swarmed by red and black machines. It was at that time we chose to charter a new course for Alienware and retire the iconic space-age identity of our Epic design language.

The journey began with our design team sifting through endless scores of Sci-fi lore and artwork across a variety of mediums (comic books, games, illustrations, and film). The goal was to project the iconic AW design 30 years into the future. This led us to our current design framework, known as Legend .

Now entering its third evolutionary stage, Legend 3 debuts today on all four new Alienware laptops. With a keen focus on form, function and quality, the latest machines bring forward intuitive design features that reinforce interactivity and convenience—all while enabling higher performing technology.

Our family of Alienware gaming laptops has historically focused on 15" and 17" screen sizes. That all changes today, with the introduction of 16" and 18" screen sizes alongside our 14" model that was unveiled last year (CES 2022). This foundational shift was driven by the improvements delivered via our Alienware Cryo-tech thermal solution which enables us to adopt these larger displays without making significant changes to the footprint of each device.

Across the new Alienware laptop family, we've enabled the following features to help ensure that your gameplay and entertainment experiences are comfortable, expressive and enjoyable:

  • Taller 16:10 displays usher in more screen real estate for a greater field of view.
  • Dolby Atmos for immersive, spatial sound and Dolby Vision for stunning visuals, so you feel closer to your favorite entertainment.
  • All panels feature ComfortView Plus , our hardware-based technology meant to reduce blue light emissions without impacting performance or picture quality.
  • Higher-resolution FHD webcam to improve the quality of video interactions.
  • New bottom foot design allows airflow through the underbelly and into the heart of the chassis to aid overall system performance.
  • Element 31 thermal interface material now placed on both the CPU and the GPU to help ensure heat dissipation is optimized. i
  • Revamped Alienware Command Center 6.0 rebuilt to improve stability, navigation between features, and control over system performance. ( more on this below )
Meet Alienware's new 18-inch performance juggernaut, introducing the m18

Alienware M Series is designed for gamers who prioritize performance. Rising to that challenge are the all-new Alienware m18 and Alienware m16 powerhouses.

Alienware's most powerful laptop, the m18 ii , is in a performance class of its own, with customization options that span the gamut of new CPU and GPU technology. This includes up-to 13th Gen Intel Core i9-13980HX processors and NVIDIA® GeForce RTX™ 4090 Laptop GPUs, plus next-gen AMD Ryzen™ Processors and Radeon™ Graphics for mobile. All this performance is enabled by a suite of major Alienware Cryo-tech™ advancements.

Here are the most notable thermal improvements made to the new Alienware m18:

  • Element 31 thermal interface material is now used on both the CPU and the GPU. iii
  • Vapor chamber now covers the GPU and CPU, helping to increase thermal capacity by 35% iv .
  • Seven heat pipes (up from four on m17) to move thermal energy into expanded copper fins, which equates to a >114% surface area increase v .
  • Quad fans with ultra-thin fan blades increase airflow by 25% vi .

These significant improvements to platform thermal capacity (~35% using Full Speed mode vii ) and cooling pave the way for higher-performance CPUs and GPUs, allowing us to push the total system power to 250W viii .

Impressively, m18 maintains the same peak thickness (Z-height) as m17, while giving gaming enthusiasts 14% more room on-screen ix , providing enough space for a full-sized keyboard and number pad with optional CHERRY MX mechanical keys, plus dual user-replaceable DDR5 SO-DIMM slots and unprecedented storage capacity… now up to 9TB of total storage! Available panel options include either 165Hz QHD or 480Hz FHD displays with Dynamic Display Switching technology, and G-SYNC and FreeSync support. All fortified by structural improvements inside and out that enable a stronger, more rigid chassis —meeting the robust build quality Alienware customers expect.

For gamers seeking a slightly more compact powerhouse, the m16 provides many of the same technologies, ergonomics, design qualities and experiential benefits as the m18.

m18 Fact Sheet & Spec Sheet   |   m16 Fact Sheet & Spec Sheet

Introducing the most luxurious Alienware yet, the first-ever x16

X Series laptops are designed for gamers who expect their Alienware laptop to compliment every aspect of their lifestyle, including beyond gaming. They want a more portable companion that can be taken with them wherever life leads yet demand supreme performance to match. To address both of these needs, we pull deeper from engineering's bag of tricks to architect the most aggressive designs possible. As our flagship brand, X Series serves as our innovation portal, bringing many technology breakthroughs in addition to elevating premium materials, finishes and features to the forefront of the product experience.

The new Alienware x16 is our first 16" gaming laptop since 2004 and our most premium Alienware product yet. It answers the debate on whether to buy a 15-inch or 17-inch gaming laptop by pinpointing a sweet spot between both sizes. Promising more performance, a taller 16:10 display and an improved six-speaker design, the new x16 bests our current x17 in almost every way and does so in a sleeker and more robust full-metal chassis. Everything you hear, see and feel is on another level.

Built with top-firing tweeters for clarity and a dual woofer configuration for strong bass, x16 creates a spatial audio experience with its 6-speaker audio. With Dolby Atmos, you will experience rich, layered sound that reveals depth, clarity, and details like never before, bringing your entertainment to life.

Complimented by our best AlienFX experience, x16 now boasts 100 micro-LEDs (touting 50 individual lighting zones!) on the rear stadium and is the first Alienware laptop enhanced with new AlienFX Scanner, Loop and Rainbow lighting mods. Additionally, our illuminated RGB touchpad is now 15% larger (than the one found on the x17 R2). Finally, we continue to offer per-key RGB keyboard lighting with optional CHERRY MX mechanical keys to complete our most dynamic and customizable lighting experience to date, all controllable via Alienware Command Center.

It features the latest technologies including 13th Gen Intel Core HX processors, up-to NVIDIA® GeForce RTX™ 4090 Laptop GPUs and next-gen AMD technology for mobile.

The world's thinnest 14" gaming laptop, the x14 x , was first introduced last year at CES 2022, and now our refreshed x14 R2 sports an impressive new display panel that delivers more visual real estate and heightens resolution with 97% more pixels than before xi . You can also charge more ways than one with the included Type-C USB charging. A new, two-fan design increases cooling performance with the option to add the Cryo-tech cooling design and Element 31 thermal interface xii .

x16 Fact Sheet & Spec Sheet   |   x14 Fact Sheet & Spec Sheet

G Series unveils stylish new design with G16 and G15

Dell's new G16 and G15 gaming laptops are grounded in reliability and simplicity at approachable price points, featuring youthful and fun aesthetics with performance to match.

We've taken a bold new design approach with the G15 and G16, which are available in eye-catching colorways, with retro pops of orange and blue set against premium metallics, that are sure to be coveted by those with an appreciation for '80s pop aesthetics. Both feature our G-mode key, exclusive gaming function macro keys, and toggle audio keys to enhance the player experience. G15 offers one-zone and four-zone RGB keyboard options with numpad, while G16 offers one-zone RGB and Cherry MX keyboard options to fit your style.

Looking under the hood, G15 and G16 supports graphic-intensive games with ease and consistency, even in marathon sessions, powered by the latest Intel, AMD and NVIDIA technology to help you get lost in your favorite games. And for the first time, G Series receives Alienware inspired Vapor Chamber Cooling and Element 31 thermal interface xiii .

Both devices are equipped with the newly enhanced Alienware Command Center for the ultimate in-player customization.

G15 Fact Sheet & Spec Sheet   |   G16 Fact Sheet & Spec Sheet

A single interface to rule them all, welcome the re-engineered Alienware Command Center

The redesigned Alienware Command Center (AWCC) is launching with all these new Alienware and G Series gaming laptops, bringing the ultimate customization and convenience to your fingertips.

A quick refresher on Alienware Command Center : the dashboard creates a centralized location to quickly access settings such as game-specific profiles and themes, lighting, macros, audio and overclocking—all things that are critical to your gaming experience.

The redesigned AWCC isn't just software updates and enhancements to the prior version. It is a new architecture – built from the group up – featuring a new, intuitive and dynamic user design. This not only makes AWCC easier to navigate and update, but it makes you a better gamer. Take our new performance overlay as an example: you can now see and adjust your performance while gaming.

Alienware Command Center Fact Sheet & Spec Sheet

For more information
To learn more about these new products, you can check out the complete press kit here .

Target Pricing &   Availability
**   Select high-end configurations will be available at launch, with additional configurations becoming available at a later date(s). For more specific details, check out our   target pricing and availability guide here   .

Coming soon this winter

  • Alienware m18** will first launch with high-end configs starting at ~$2,899 (US), ~$3,899 (CA); additional configs will arrive later with the entry model starting at ~$2,099 (US), ~$2,849 (CA)
  • Alienware m16** will first launch with high-end configs starting ~$2,599 (US), ~$3,599 (CA); additional configs will arrive later with the entry model starting at ~$1,899 (US), ~$2,599 (CA)
  • Alienware x16** will first launch with high-end configs starting ~$3,099 (US), ~$4,199 (CA); additional configs will arrive later with the entry model starting at ~$2,149 (US), ~$2,899 (CA)
  • Alienware x14 will start at ~$1,799 (US), $2,449 (CA).

Coming soon this spring

  • Dell G15 will start at ~$849 (US), $1,149 (CA)
  • Dell G16 will start at ~$1,499 (US), $1,999 (CA)

i Application of Element 31 varies by configuration and from platform to platform.
ii Based on internal testing, November 2022.  Actual results may vary.
iii Application of Element 31 varies by configuration and from platform to platform.
iv Based on internal testing, November 2022.  Actual results may vary.
v Based on internal testing, November 2022.  Actual results may vary.
vi Based on internal testing, November 2022.  Actual results may vary.
vii Based on internal testing, November 2022.  Actual results may vary.
viii Based on internal testing, November 2022.  Actual results may vary.
ix Based on internal testing, November 2022.  Actual results may vary.
x Based on internal Dell analysis, December 2022 .
xi Based on internal analysis, December 2022 .
xii Application of Element 31 varies by configuration and from platform to platform.
xiii Application of Element 31 varies by configuration and from platform to platform.

Fun Fact: The Legend design journey included 19 designers, more than 17,000 hours of work, 1,100 images of inspiration, 3 distinct visions, 48 concept models, two final visions, and a complete ecosystem of product.

Form. A new minimal approach to the Legend form, we've made these laptops more comfortable to carry in hand, accomplished by extruding the thermal shelf at the back of the laptop to create a flatback design.

Function. We've also made them easier to open and close plus gave the palm rest a more natural feel. This was achieved by incorporating a V-Rail grip along the perimeter of the B and C panels, or along the nose of the laptop where it opens.

Quality. Instead of using a single uniform color to wrap around the entire laptop, we're reviving a two-tone design that provides greater color contrast - X Series now brandishes a new Lunar Silver colorway while M Series reps a new Dark Metallic finish.

M Series continues to focus on performance and traditional gaming values.

Alienware's most powerful laptop, the m18.

X Series continues with form-factor leadership through innovation while bringing materials and finishes to the forefront in its new Lunar Silver colorway.

Alienware and Dell reveal six new gaming laptops including: Alienware m18 and m16, Alienware x16 and x14, and Dell G16 and G15.

Dell Technologies logo (PRNewsfoto/Dell Technologies)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/alienware-revamps-its-iconic-laptop-armada-at-ces-2023-301710766.html

SOURCE Dell Technologies

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NorthStar Gaming Announces Revocation of Management Cease Trade Order

NorthStar Gaming Announces Revocation of Management Cease Trade Order

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") is pleased to announce that effective May 16, 2025, the Ontario Securities Commission has revoked the temporary management cease trade order ("MCTO") it had previously granted to the Company on May 8, 2025 under National Policy 12-203 Management Cease Trade Orders, as the Company successfully completed the filing of its annual audited financial statements, management's discussion and analysis, and related certifications for the year ended December 31, 2024 (collectively, the "Annual Filings") on May 14, 2025.

The revocation of the MCTO means members of management are no longer prevented from trading the Company's securities. All of the Annual Filings are available under the Company's profile on SEDAR+ at www.sedarplus.ca.

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NorthStar Gaming Reports Year-End 2024 Results

NorthStar Gaming Reports Year-End 2024 Results

Annual Revenue Growth of 57%, Gross Margin up 91%

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announced its financial results for the three months and year ended December 31, 2024. The Company also announced that it will discuss the results on an investor webinar to be held Thursday, May 15, 2025 at 11:00am (please see below for details). All dollar figures are quoted in Canadian dollars.

"We delivered strong financial results in 2024, highlighted by 57% growth in revenue and a 91% increase in gross margin. At the same time, we held marketing expense to a 10% increase and reduced G&A expense, demonstrating the continually improving operating leverage built into our business model," said Michael Moskowitz, Chair and CEO of NorthStar. "Equally important, our team rolled out innovations in both our sportsbook and casino that have further differentiated NorthStar Bets as a premium offering and helped drive the retention of, and engagement with, our loyal customers."

Restatement of Results

The comparative results for the three months and twelve months ended December 31, 2023 have been restated in the financial statements and management's discussion & analysis ("FY2024 MD&A") for the year ended December 31, 2024 to include additional merchant fees and player bonus expenses which were not captured in the previously published financial statements (note 2 of the Financial Statements for the year ended December 31, 2024). The Company's payment processor deducted the additional merchant fee from the daily remittances to the Company, and the deductions were not accounted for by the Company. These additional fees were identified as part of the year-end reconciliation of the amount due from the payment processor, and the financial statements and FY2024 MD&A have been adjusted accordingly. These restatements did not impact the cash balances reported for the years ended December 31, 2022, 2023, or 2024. However, they did result in adjustments to the reported current asset balances for those periods.

Financial Highlights for the Fourth Quarter Ended December 31, 2024 ("Q4 2024"):

  • Total Wagers1 at Northstarbets.ca were $303.0 million in Q4 2024, a 42% increase compared to $213.3 million in Q4 2023.
  • Gross Gaming Revenue2 at Northstarbets.ca was $10.0 million in Q4 2024, a 31.6% increase from $7.6 million in Q4 2023.
  • Revenue2 was $9.5 million in Q4 2024, a 51% increase from $6.3 million in Q4 2023. Revenue in Q4 2024 includes $1.5 million of managed services revenue, which compares to $0.2 million in Q4 2023.
  • Gross Margin was $3.6 million, a 71% increase from $2.1 million in Q4 2023, while the Gross Margin percentage increased to 38.1%, up from 33.6% in Q4 2023.
  • Profit/(loss) before marketing and other expenses1 was $0.6 million in Q4 2024 compared to a loss of $2.5 million in Q4 2023, indicating that gross margin is now sufficient to cover the Company's overhead expenses.

Financial Highlights for the Year Ended December 31, 2024 ("FY 2024"):

  • Total Wagers2 at Northstarbets.ca were $980.0 million in FY 2024, a 51% increase compared to $648.8 million in the year ended December 31, 2023.
  • Gross Gaming Revenue2 at Northstarbets.ca was $34.0 million in FY 2024, a 51% increase from $22.5 million in FY 2023.
  • Revenue2 was $29.6 million in FY 2024, a 57% increase from $18.8 million in FY 2023. Revenue in FY 2024 includes $2.3 million of managed services revenue, which compares to $0.5 million in FY 2023.3
  • Gross Margin was $10.5 million, marking a 91% increase from $5.5 million in FY 2023, with the Gross Margin increasing to 35.7%, up from 29.3% in FY 2023.
  • Profit/(loss) before marketing and other expenses1 was $0.1 million in FY 2024 compared to a loss of $6.7 million in YTD 2023, an improvement of $6.8 million.

"Early in 2025, we completed our most significant fund-raising to date, with a $43.4 million debt financing. This capital gives us a long runway on which to continue our trajectory of growth in wagering, gross margins and improving operating leverage. This was a milestone event for our business," added Mr. Moskowitz.

2024 Operating Highlights:

  • Completed the inaugural Blackjack Championship tournament, an innovative online competition that helped drive the acquisition of new high-value players and engagement for existing customers while increasing Blackjack wagering activity.
  • Implemented a series of enhancements to the NorthStar Bets platform, highlighted by streamlined navigation in both the Casino and Sportsbook sections, a doubling of Casino game selection since the start of 2024, personalized prop bets and intelligent parlay suggestions.
  • Introduced the "NorthStar Elite" program and branded tables to help secure the loyalty and satisfaction of our most active players and reinforcing the Company's positioning as a premium offering.
  • Launched "Sports Insights 2.0," a robust suite of enhancements to our content vertical that includes a redesigned home page, comprehensive team and player statistics, injury and player news feeds, added coverage of popular sports and strengthened casino content.
  • Gained significant traction outside the Ontario market with managed services revenue from Northstarbets.com site, owned by the Abenaki Council of Wolinak, increasing from $0.5 million in FY 2023 to $2.3 million in FY 2024.
  • Outpaced the industry growth rates reported by iGaming Ontario in 2024 in both Total Wagers (51% for NorthStar vs. 33% for the industry) and Gross Gaming Revenue (51% for NorthStar vs. 31.5% for the industry).

Outlook

"We expect our consistent pattern of year-over-year revenue increases to continue throughout 2025, based on our ongoing success in attracting and engaging high-value players," said Mr. Moskowitz. "We will maintain disciplined control over costs so that incremental gross margin falls primarily to the bottom line. As we continue to focus on operational excellence, we remain confident that we have the capital necessary to reach profitability based on our current business platform."

FY 2024 Corporate Update Webinar

On May 15, 2025, Michael Moskowitz will present an in-depth Corporate Update, including a discussion of the Company's FY 2024 Earnings, current operations and strategic priorities. All investors and other interested parties are invited to register for the webinar at the link below.

Date: Thursday, May 15, 2025
Time: 11:00 am EDT
Register: Webinar Registration

Management will be available to answer your questions following the presentation on the webinar platform. You may also submit your question(s) beforehand in the registration form linked above.

Extension of Strategic Marketing Agreement

The Company also announced that its wholly owned subsidiary, NorthStar Gaming (Ontario) Inc. ("NorthStar Ontario"), has extended its strategic partnership with Playtech Software Limited ("Playtech Software") through the renewal of their previously announced strategic marketing agreement. Under the agreement, Playtech Software contributes services designed to accelerate NorthStar Ontario's player acquisition strategy in the province. The agreement was first implemented in June 2023 and has since been renewed several times. Pursuant to the latest renewal, Playtech Software will reimburse marketing expenses valued at a total of up to $1.5 million over a 3-month period through to March 31, 2025. Playtech Software will be compensated through a share of revenue from the income generated in connection with the marketing initiatives to which it contributes. The Transaction between Playtech and NorthStar Ontario is exempted from Multilateral Instrument 61-101 Protection of Minority Securityholders in Special Transactions.

"We are very pleased to renew the marketing services agreement with Playtech Software," said Michael Moskowitz, Chair and CEO of NorthStar. "The agreement serves to extend our marketing budget and has contributed to our tremendous growth in Ontario. Playtech plc continues to be a valuable strategic partner and we look forward to further collaboration."

Continuous Disclosure

Further to a review by the staff of the Ontario Securities Commission (the "OSC") of the Company's continuous disclosure, the FY2024 MD&A includes enhanced disclosures with respect to:

  • the Company's regulatory framework, licensing regimes applicable to its business operations and the legal authorizations necessary to conduct its business operations;
  • specific risk factors relating to the Company's business operations which include risks relating to operating in a heavily regulated industry, cyber security risks and risks relating to conflicts of interest with respect to directors and officers of the Company; and
  • the relationship between the Abenaki Council of Wolinak and the Company as well as its subsidiary, Slapshot Media Inc.

Such amended disclosure is being included in the FY2024 MD&A to address comments received from the OSC on its management's discussion & analysis, for the period ended September 30, 2024, and to improve the Company's disclosure.

As a result of having to include such enhanced disclosure after the OSC review, the Company will be placed on the public list of Refilings and Errors in accordance with OSC Staff Notice 51-711 (Revised) - Refilings and Corrections of Errors for a period of three (3) years.

Additional Information

For additional information, please refer to the Company's condensed consolidated financial statements for the year ended December 31, 2024, and the corresponding FY2024 MD&A. These documents are available on SEDAR+ at www.sedarplus.ca, and on the Company's corporate website at www.northstargaming.ca.

About NorthStar

NorthStar 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 ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Non-IFRS Financial Measures [/ Reconciliation of Non-IFRS Measures to IFRS Measures]

Throughout this document, management uses certain non-IFRS financial measures and supplementary financial measures to evaluate the performance of the Company. The terms "Gross Gaming Revenue" "Total Wagers" and "Profit/(Loss) before marketing and other expenses" are non-IFRS financial measures. These measures are not recognized measures under International Financial Reporting Standards ("IFRS") and do not have a standardized meaning prescribed by IFRS and are, therefore, not necessarily comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective and to discuss NorthStar's financial outlook. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of the Company's financial information reported under IFRS. We believe that securities analysts, investors and other interested parties frequently use non-IFRS measures, including industry metrics, in the evaluation of companies in our industry. Management also uses non-IFRS measures and industry metrics in order to facilitate operating performance comparisons from period to period, the preparation of annual operating budgets and forecasts and to determine components of executive compensation.

Total Wagers

Total Wagers are calculated as the total amount of money bet by customers in respect of bets that have settled in the applicable period. Total Wagers does not include free bets or other promotional incentives, nor money bet by customers in respect of bets that are open at period end. Total Wagers is used to provide investors with supplemental measures of our operating performance and thus highlight trends in our business that may not otherwise be apparent when relying solely on IFRS measures.

Gross Gaming Revenue

Gross Gaming Revenue is calculated as dollar amounts bet by customers less the dollar amounts paid out to the customers in respect of such bets which have settled in the applicable period.

Reconciliation of Non-IFRS Measures to IFRS Measures

In Q4 2024, the Company reported $10.0 million of Gross Gaming Revenue ($34.0 million in FY 2024) and has provided a reconciliation to the most comparable IFRS financial measure (Revenue) as follows:
$ Millions (unaudited)
Unaudited Three
months ended
Year ended
Dec 31,
2024
Dec 31,
2023
Dec 31,
2024
Dec 31,
2023
Gross gaming revenue from wagered games$10.0$ 7.6$ 34.0$22.5
Bonuses, promotional costs and free bets(2.0)(1.5)(6.7)(4.2)
Sub-total Gaming revenue8.06.127.318.3
Other revenue from managed services1.50.22.30.5
Revenue$ 9.5$ 6.3$ 29.6$ 18.8

 

Operating Results

Marketing expenses are a key driver of the business but are completely discretionary. Management considers "Profit/(Loss) before marketing and other expenses" to be a good indication of the extent to which the business' Gross Margin is in excess of its overhead costs, and therefore offsetting some portion of marketing expenses, reflecting improving economies of scale.

$ Millions (unaudited)Unaudited Three 
months ended
Year ended
Dec 31,
2024
Dec 31,
2023
Dec 31,
2024
Dec 31,
2023
Revenue$ 9,478$ 6,275$ 29,556$ 18,845
Cost of Revenues5,8684,16719,01313,317
Gross Margin3,6102,10810,5435,528
General and administrative expenses3,0334,45210,45312,277
Profit/(Loss) before marketing and other expenses (1)577(2,344)90(6,749)
Marketing5,2495,47215,45614,094
Loss before other expenses (1)(4,672)(7,816)(15,366)(20,843)
Other expenses(1,070)1493,6456,547
Net loss$ (3,602)$ (7,965)$ (19,011)$ (27,390)

 

(1) These measures are not defined by IFRS, do not have standard meanings and may not be comparable with other industries or companies.

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, the Company's growth plans being fully funded, expansion into new markets and future growth opportunities, and expected benefits of transactions. 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.ca. 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

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NorthStar Gaming Announces Receipt of Management Cease Trade Order

NorthStar Gaming Announces Receipt of Management Cease Trade Order

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announces that its principal regulator, the Ontario Securities Commission, has granted its request for a management cease trade order ("MCTO") effective May 8, 2025.

As previously announced on April 29, 2025, the Company applied for the MCTO due to a delay in filing its annual audited financial statements, management's discussion and analysis and related certifications for the financial year ended December 31, 2024 (the "Annual Filings") which were required to be filed by April 30, 2025.

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NorthStar Gaming Announces Delay of Annual Filings

NorthStar Gaming Announces Delay of Annual Filings

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announces an anticipated delay in the filing of its annual audited financial statements, management's discussion and analysis and related certifications for the financial year ended December 31, 2024 (collectively, the "Annual Filings"). The Company does not expect to file its Annual Filings by the regular filing deadline of April 30, 2025, as required, due to an unanticipated delay relating to the audit of the Annual Filings. The Company is working diligently with its auditor to finalize the Annual Filings and expects to file the Annual Filings no later than May 15, 2025.

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NorthStar Gaming Changes Date of Q4 and Year-End 2024 Earnings Webinar to May 1st

NorthStar Gaming Changes Date of Q4 and Year-End 2024 Earnings Webinar to May 1st

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") has announced a change of date for its upcoming Q4 and Year-End 2024 Earnings Webinar to May 1, 2025 at 11:00 am EDT. Further, the Company now expects to announce its fourth quarter and year-end 2024 financial results and file its condensed consolidated financial statements for the year ended December 31, 2024 ("FY2024 Financial Statements") and associated management's discussion and analysis as soon as possible, but no later than April 30, 2025, as permitted under applicable securities laws. The webinar is being delayed because the Company requires additional time to finalize its FY2024 Financial Statements and complete its year-end audit process.

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