NorthStar Gaming Announces Grant of Equity Incentive Awards to Non-Executive Directors in Lieu of Cash Compensation

Core Viewpoint - NorthStar Gaming Holdings Inc. has approved the grant of equity incentive awards to non-executive directors as a substitute for cash compensation, reflecting the company's strategy to reduce costs [1][2]. Group 1: Equity Incentive Awards - The company granted a total of 5,078,913 deferred share units (DSUs) to non-executive directors for their services in 2024 [2]. - The DSUs will vest immediately and can only be redeemed when a director ceases to hold their position [2]. - This move is part of the company's ongoing efforts to manage expenses effectively [2]. Group 2: Company Overview - NorthStar operates NorthStar Bets, a Canadian casino and sportsbook platform designed for high-stakes players, offering a premium gaming experience [3]. - The platform features a curated selection of popular games and an exclusive Sports Insights feature that integrates betting guidance, statistics, and scores [3]. - NorthStar aims to set a new standard in the industry by providing high-quality products and exceptional personalized service [4].