Intertain Group Limited Announces Third Quarter 2015 Financial Results

TORONTO, ONTARIO — (Marketwired) — 10/29/15 — The Intertain Group Limited (“Intertain” or the “Company”) (TSX: IT) today announced its financial results for the three months ended September 30, 2015. All amounts are stated in Canadian dollars unless otherwise noted.

Financial Highlights:

Q3 and Subsequent Highlights:

“Q3 was the first full quarter of operations for Intertain with all four of our business segments working together to demonstrate the cash flow power of our combined company,” said John Kennedy FitzGerald, President and CEO of Intertain. “We generated $41.5 million of cash from operations and used our cash to pay down debt, repurchase our stock at accretive prices and fund the ultimate earn-out on the Jackpotjoy business. We continue to see substantial organic growth as we leverage our corporate and operating level management teams– expertise to optimize the performance of our business.”

Adjusted EBITDA & Adjusted Net Income for Three Months Ended September 30, 2015

2015 Full Year Financial Guidance

Intertain is confirming its previously announced 2015 full year financial guidance provided in its earnings release on May 13, 2015 for the quarter ended September 30, 2015 with no changes to the ranges provided nor any material changes to the assumptions used to determine the guidance.

2015 Third Quarter Financial Statements and Management–s Discussion and Analysis

The financial statements, notes to the financial statements and Management–s Discussion and Analysis for the three months ended September 30, 2015 will be available on the SEDAR website at .

2015 Third Quarter Conference Call

A conference call to discuss Intertain–s third quarter 2015 results will be held on October 29, 2015 at 5:00pm ET. John Kennedy FitzGerald, President and CEO of Intertain, and Keith Laslop, CFO, will host the call. A question-and-answer session will follow the presentation.

To participate, interested parties are asked to dial (647) 788-4919 or (877) 291-4570 10 minutes prior to the scheduled start of the call. A replay of the conference call will be available until November 12, 2015 by dialing (800) 585-8367 or (416) 621-4642 and using reference number 66883577. A transcript will also be made available on Intertain–s website.

Jackpotjoy Acquisition BAR Report

Intertain re-filed its business acquisition report in connection with the Jackpotjoy Acquisition of Fifty States Limited, completed on April 8, 2015 to include a pro forma consolidated financial statement for the annual period ended December 31, 2014 which was unintentionally omitted when the report was filed on September 4, 2015. The re-filing is a result of review by staff of the Ontario Securities Commission. The Company has also filed its auditor–s report dated March 9, 2015 together with the amended annual financial statements filed on March 11, 2015. Other than the addition of the auditor–s report, there are no changes to the financial statements.

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 , Costa , Vera&John , Jackpotjoy , and Botemania brands. For more information about Intertain, please visit .

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 .

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.

Contacts:
The Intertain Group Limited
Amanda Brewer
Vice President, Corporate Communications
+1 416 720-8150

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