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NorthStar Gaming Holds Transition Leadership Amid Restructuring

Overview of Leadership Changes

Toronto, Ontario – (Newsfile Corp. – December 8, 2025) – NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) announced today that Michael Moskowitz is no longer serving as the Chief Executive Officer (CEO) or the Chair of the Board of Directors. This abrupt transition, effective immediately, comes during a critical period for the company as it navigates various operational and financial challenges.

Appointment of New Leadership

New Interim CEO: Corey Goodman

In light of Mr. Moskowitz’s departure, the Board of Directors has appointed Corey Goodman, who currently serves as the Chief Development Officer and General Counsel, as the Interim Chief Executive Officer. Goodman, a co-founder of NorthStar, brings with him a wealth of experience in online gaming, operational restructuring, and capital markets. He will work closely with the Board to refine the company’s cost structure and enhance operational discipline while focusing on improving revenue and profitability.

"Mr. Goodman has been instrumental to the company since its inception," stated Dean MacDonald, a Director on the Board. "We have complete confidence in his expertise and leadership, and his balanced approach will be crucial in ensuring continuity as we enhance the company’s performance and strategy for long-term growth."

Ongoing Communication with Stakeholders

NorthStar is committed to keep its stakeholders informed as it makes progress on its operational and financial objectives. The company understands the importance of transparency during such transitions, particularly for investors and customers who are closely monitoring its strategic direction.

Board Composition Changes

Chair Appointment and Resignations

As a consequence of Mr. Moskowitz’s exit, Dean MacDonald, who has been on the Board since 2023, has been appointed as the new Chair. Additionally, Barry Shafran has resigned from his position on the Board, effective immediately. Mr. Shafran previously chaired the Audit Committee, and the Board expresses gratitude for his contributions during his tenure. The selection process for an additional independent director and a new Chair of the Audit Committee is underway, and an announcement will be made once this process is complete.

About NorthStar Gaming

Gaming Landscape

NorthStar proudly operates NorthStar Bets, a Canadian casino and sportsbook platform designed to provide a premium gaming experience tailored to local customers. The platform focuses on high-stakes players, offering a curated selection of popular games to ensure an elevated user experience. The sportsbook includes an exclusive Sports Insights feature, integrating valuable betting guidance, statistics, and scores uniquely tailored to meet the expectations of a premium audience.

As a Canadian company, NorthStar is particularly well-placed to meet the needs of customers seeking a high-quality product along with an exceptional level of personalized service. In this competitive landscape, the company is committed to upholding the highest standards of responsible gaming.

Harnessing AI for legal Clarity

In light of these significant leadership changes, it’s essential for stakeholders and the company alike to fully understand the implications of the transition. This is where AI legalese decoder can play a pivotal role. The AI legalese decoder specializes in simplifying complex legal jargon into clear, understandable language. By using this tool, both current and potential investors can better comprehend their rights and obligations during the transitional period, ensuring that they are informed about critical legal matters affecting the company.

Risk Management and Forward-Looking Statements

Cautionary Statements

This communication contains forward-looking information according to applicable Canadian securities laws, including statements regarding the expected performance of NorthStar’s business. These statements involve known and unknown risks that may cause actual results to differ materially from anticipated results. The management team emphasizes that such forward-looking statements are based on current opinions, estimates, and assumptions, but these cannot guarantee future outcomes.

Factors influencing future performance include risks related to market conditions, regulatory changes, and the company’s strategic execution capabilities. Investors should carefully consider these factors and refer to NorthStar’s detailed "Risk Factors" section available on SEDAR.

Importance of Understanding legal Documents

For current and prospective shareholders, understanding the legal aspects of these changes is crucial for assessing investment risks. By utilizing AI legalese decoder, stakeholders can navigate the complexities of corporate policies and legal frameworks, ensuring their interests are protected and well understood.

Contact for Inquiries

For further information, please reach out to:

Corey Goodman
Interim Chief Executive Officer
Phone: 647-530-2387
Email: [email protected]

For more details about NorthStar Gaming Holdings Inc., you may visit their official website: www.northstargaming.ca.

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