MONTREAL, Oct. 22, 2013 /CNW/ - Amaya Gaming Group Inc. ("Amaya" or the "Corporation") (TSX: AYA), an entertainment solutions
provider for the regulated gaming industry, today announced that it has
entered into an agreement (the "Agreement") to provide technology,
including a poker platform and casino content, and poker services for
goldennuggetpoker.com and goldennuggetcasino.com (the "Brands"), the
online gaming brands of Golden Nugget Hotel & Casino ("Golden Nugget"),
subject to all applicable licensing and regulatory approvals.
Golden Nugget operates four Golden Nugget Hotels and Casinos in Atlantic
City, New Jersey, Las Vegas and Laughlin, Nevada, and Biloxi,
Mississippi. Its fifth location was recently announced for a site in
Lake Charles, Louisiana.
"We intend to be a preferred early stage operator of real money online
gaming as regulation progresses in the United States, initially in New
Jersey and Nevada. To thrive in this market, we need to deliver a
best-in-class online and mobile player experience." said Thomas Winter,
Vice President Online Gaming of Landry's, Inc., which operates Golden
Nugget. "Amaya provides proven online casino games and a poker platform
that deliver precisely what we need. Through this partnership we can
supply exceptional and secure online entertainment, supported by the
strong brand of our land-based casinos."
Under the terms of the Agreement, Amaya would receive a share of the
revenue generated from the Brands, subject to necessary regulatory
"We're extremely pleased to be the selected partner for Golden Nugget's
venture into the emerging online gaming market in the United States,"
said David Baazov, CEO of Amaya Gaming Group. "This deal expands our
existing partnership with Golden Nugget through the addition of our
casino product to their poker offering, a result of both the quality
of our offering and our strategic partnerships with both Bally and
ABOUT AMAYA GAMING GROUP INC.
Amaya provides a full suite of gaming products and services including
casino, poker, sportsbook, platform, lotteries and slot machines. Some
of the world's largest gaming operators and casinos are powered by
Amaya's online, mobile, and land-based products. Amaya is present in
all major gaming markets in the world with offices in North America,
Latin America and Europe. Amaya recently acquired Cryptologic, a
pioneer within online casino, Ongame, a leader within online poker, and
Cadillac Jack, a successful slot machine manufacturer. For more
information please visit www.amayagaming.com.
DISCLAIMER IN REGARDS TO FORWARD-LOOKING STATEMENTS
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. 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. Investors are cautioned not to put undue reliance on
forward looking statements. Except as required by law, the Corporation
does not intend, and undertakes no obligation, to update any
forward-looking statements to reflect, in particular, new information
or future events.
SOURCE: Amaya Gaming Group Inc.
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