MONTREAL, May 13, 2013 /CNW/ - Amaya Gaming Group Inc. (AMAYA) (TSXV: AYA) is pleased to announce that Amaya and mybet (FSE: XMY) are expanding their partnership to include Amaya's Ongame Poker and Live Dealer on mybet websites.
mybet began using Amaya's online casino software in 2005 and the relationship has since grown. As a complement to this established casino partnership, mybet has decided to switch to Amaya's Ongame poker network for both mybet.com and mybet.it. Amaya's Live Dealer offering is also included in the agreement.
"This is a strategic relationship for both parties," said Mathias Dahms, CEO of mybet Holding SE. "Amaya's casino games have proven to be not only highly popular but also very profitable. Now, we are aiming to achieve the same results for our poker and live dealer offerings. Switching to Ongame Poker and adding Amaya's Live Dealer enables us to improve both customer satisfaction and profitability."
"The signing of mybet for both poker and live dealer illustrates the importance of our full-suite product strategy," said David Baazov, CEO of Amaya. "Being able to support partners like mybet with a full range of games and products is an advantage for both parties. It improves our relationship and presents new business opportunities."
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.
Ongame is one of the world's largest B2B poker providers. The global network includes more than 25 of the e-gaming industry's strongest brands and operators. Ongame also operates in regulated markets including France, Italy, Denmark, Belgium and Spain. The company offers both operators and their players a wide variety of cash games and tournaments to choose from, every hour of every day. Ongame Network Ltd is headquartered in Gibraltar and is a part of part of Amaya Gaming Group Inc. Further information about Ongame can be found at www.ongame.com.
mybet Holding SE (formerly JAXX SE), established in 1998, is a financial holding company with holdings in companies in the European gaming industry. mybet Holding SE currently holds interests in companies in Germany, Austria, Spain, Italy, Belgium, Gibraltar and Malta. mybet Holding SE has its headquarters in Kiel. The group's focus is on the sports betting, casino and poker products, which are offered on the Internet at www.mybet.com and www.mybet.de as well as in betting shops. The shares of mybet Holding SE have been listed on Deutsche Börse since 1999 under ISIN DE000A0JRU67.
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, Amaya does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: AMAYA GAMING GROUP INC.
For further information:
VP, Business Development
Amaya Gaming Group Inc.
Director of Communications
Ongame Network Ltd
+46 701 64 70 13