MONTREAL, March 20, 2015 /CNW/ - Amaya Inc. (TSX: AYA) announced today that it has received licenses from
the UK Gambling Commission for PokerStars and Full Tilt to operate
online poker and other gaming within the United Kingdom. Since late
2014, the brands had been operating under temporary continuation
licenses. Previously, they were white-listed under their Isle of Man
gaming licenses. Amaya's B2B online casino business has also received
licenses to continue supplying UK-facing online gaming operators with
online gaming content and technology.
"We are very pleased to receive operating licenses in the UK, which is a
large and growing market for us," said Eric Hollreiser, Head of
Corporate Communications for Amaya and PokerStars. "We continue to
build upon PokerStars' leadership in poker in the UK and intend to
leverage our scale and expertise to become market leaders in casino and
The issuance of the UK gaming licenses follows a thorough review
including, but not limited to:
financial stability and history
corporate and business unit management structure
payment processing and security
anti-crime and anti-money laundering protections
responsible gaming policies and practices
regulatory approach to various geographic operations
The UK Gambling Commission has introduced a rating system for player
fund protection. PokerStars and Full Tilt have voluntarily applied the
very highest standards of player fund protection whereby UK player
funds are held separately by a trustee, consistent with the approach
PokerStars pioneered on the Isle of Man.
"We believe the UK licenses illustrate the strength of our platforms,
our regulatory approach, and our commitment to integrity, security, and
consumer protection," Hollreiser said. "PokerStars and Full Tilt now
hold licenses from a dozen European jurisdictions."
Rational Group was recently recognized for its stringent and ethical
responsible gaming policies by being awarded the 'Socially Responsible
Operator of the Year Online'.
Amaya owns gaming and related consumer businesses and brands including
PokerStars, Full Tilt, the European Poker Tour, PokerStars Caribbean
Adventure, Latin American Poker Tour and the Asia Pacific Poker Tour.
These brands collectively form the largest poker business in the world,
comprising online poker games and tournaments, live poker competitions,
branded poker rooms in major global casinos, and poker programming
created for television and online audiences. PokerStars is the world's
most popular and successful online poker brand. Amaya also provides B2B
interactive and physical gaming solutions to the regulated gaming
Certain statements included herein, including those that express
management's expectations or estimates of 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 and economic 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 Inc.
For further information:
For Media Inquiries: Eric Hollreiser, Press@amaya.com
For Investor Inquiries: Tim Foran, +1.416.545.1325, email@example.com