The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Amaya's Ongame selected by Redbet to power poker

Tuesday, December 18, 2012

Amaya's Ongame selected by Redbet to power poker07:00 EST Tuesday, December 18, 2012MONTREAL, Dec. 18, 2012 /CNW/ - Amaya Gaming Group Inc. ("Amaya" or the "Corporation") (TSXV: AYA), an entertainment solutions provider for the regulated gaming industry, announced today that Redbet Gaming Ltd ("Redbet") has chosen Amaya's wholly owned subsidiary Ongame Network Ltd. ("Ongame") for a two-year licensing agreement to power its company-wide poker business. The multi-site deal includes popular brands such as Redbet.com, Whitebet.com and Heypoker.com."When leaving the IGT poker network we did a thorough investigation of all B2B poker providers," said Adam Vella, Head of Poker at Redbet Gaming Ltd. "Selecting Ongame was an easy choice. Ongame combines excellent network management with a rock solid technical platform. Today, Ongame now provides poker to all of our major sites.""We're pleased to add Redbet to our growing family of clients and look forward to exceeding their expectations in us as a technology partner," said Darcy Krogh, VP of Business Development at Amaya. "We continue to execute on Amaya's plan for Ongame, which is to leverage its scalable software architecture and infrastructure to add new partners to Ongame's network, including in new jurisdictions. With Amaya's regulatory experience and proven platforms in both poker and casino, we are an increasingly viable option for those looking for new partnerships online."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.ABOUT AMAYAFounded in 2004, Amaya Gaming Group Inc. is a technology based gaming provider for the regulated gaming industry. An expansive global organization, present in North America, Latin America, Europe, and Asia, Amaya is an innovator in the gaming world.  Headquartered in Montreal, Canada, Amaya provides a host of services and solutions that range from: online and mobile gaming casino games, poker games and platforms, traditional and mobile lotteries, networked electronic gaming systems, hospitality in‐room entertainment systems, management systems, content suites, advisory and management services, and integrity monitoring and auditing systems for the regulated gaming markets. For more information please visit www.amayagaming.com or www.amayaonline.com.ABOUT ONGAMEOngame 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, and has up to 45,000 concurrent players at peak hours. Ongame also operates on regulated markets like 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 part of the Amaya Gaming Group Inc. Further information about Ongame can be found at www.ongame.com.ABOUT REDBETRedbet Gaming Ltd operates a number of sites including Redbet.com, Whitebet.com and Heypoker.com. Redbet is part of the Nordic Leisure group. Nordic Leisure AB (publ) is listed on First North, NASDAQ OMX Exchange in Stockholm, Sweden. Redbet Gaming Ltd is licensed and regulated by LGA of Malta where it is headquartered. Redbet was founded in May 2002, by a group of Swedish entrepreneurs, computer programmers and sports betting professionals - all with extensive experience in the sports betting industry. Redbet's mission is to provide market leading online betting services and went online in August 2004.DISCLAIMER 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.SOURCE: AMAYA GAMING GROUP INC.For further information: Mr. Darcy Krogh VP, Business Development Amaya Gaming Group Inc. +1-604-669-4180 darcy.krogh@amayagaming.com Carl Zide Communications Manager Ongame Network Ltd +46 701 64 70 13 carl.zide@ongame.com