Launch marks the global gaming leader's entry
into U.S. regulated online gaming market
MONTREAL, Feb. 25, 2016 /PRNewswire/ - Amaya Inc.
(NASDAQ: AYA; TSX: AYA) today announced that it expects to
initially launch its PokerStars brand in New Jersey on Monday,
March 21, 2016. The launch quickly follows the
September 2015 authorization by the
New Jersey Division of Gaming Enforcement (the "DGE") to operate
the PokerStars and Full Tilt brands in the State. Amaya currently
expects to conduct an interim testing period with the DGE and a
beta period for a limited player base beginning in mid-March.
"PokerStars is the global leader in online poker and trusted by
its customers for its robust and innovative technology, world-class
security and game-integrity. We are honored and excited to
now bring these experiences to New
Jersey," said David Baazov,
Chairman and CEO of Amaya. "We're also thankful to
Morris Bailey and the fine team at
Resorts Casino Hotel in Atlantic
City and look forward to a successful collaboration."
"Resorts Casino Hotel continues to be the preferred Atlantic City partner and home for outstanding
global brands," said Morris Bailey,
owner of Resorts. "First with Mohegan Sun and Jimmy Buffett's Margaritaville and now, with
PokerStars joining that portfolio, Resorts is poised to offer
players the best online and bricks & mortar casino experiences
anywhere. We expect that the launch of PokerStars will further spur
the positive momentum we have already made in the New Jersey online gaming market."
As one of the world's most regulated online gaming companies
with licenses in more than a dozen jurisdictions and more than 100
million cumulative registered customers around the world, Amaya is
committed to implementing the highest standards of regulation,
safety and security for customers. The PokerStars offering in
New Jersey will be at
www.pokerstarsnj.com and utilize the same stringent verification,
technology, account segregation and responsible gaming practices to
regulate player activity that the brand has pioneered elsewhere
globally.
Focused on providing the most authentic, competitive and
convenient online poker experience, the PokerStars offering in
New Jersey will be available
across desktop, tablet and mobile platforms, and will provide
customers with some of the world's most popular online poker games
and titles, including the Sunday Special tournament and recently
introduced Spin & Go tournaments. PokerStars will also offer
customers an array of online casino games, including a wide
selection of different Blackjack variants, as well as Roulette,
Baccarat, Video Poker and Slots. Many games will also be available
with multi-player tables.
About Amaya
Amaya is a leading provider of technology-based products and
services in the global gaming and interactive entertainment
industries. Amaya owns gaming and related consumer businesses and
brands including PokerStars, Full Tilt, BetStars, StarsDraft, the
European Poker Tour, PokerStars Caribbean Adventure, Latin American
Poker Tour and the Asia Pacific Poker Tour. These brands have more
than 100 million cumulative registered customers globally and
collectively form the largest poker business in the world,
comprising online poker games and tournaments, live poker
competitions, branded poker rooms in popular casinos in major
cities around the world, and poker programming created for
television and online audiences. Amaya, through certain of these
brands, also offers non-poker gaming products, including casino,
sports book and daily fantasy sports. Amaya has various gaming and
gaming-related licenses or approvals throughout the world,
including from the United Kingdom,
Italy, France, Spain, Estonia, Belgium, Denmark, Bulgaria, Greece, Ireland, Romania, the Isle of
Man, Malta, the state of
Schleswig-Holstein in Germany, the Provinces of Quebec and Ontario in Canada, and the State of New Jersey in the United States.
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 and
applicable securities laws, including, without limitation, certain
expectations and projections related to the launch of the
PokerStars brand and product offerings in the State of New Jersey. Forward-looking
statements can, but may not always, be identified by the use of
words such as "seek", "anticipate", "plan", "continue", "estimate",
"expect", "may", "will", "project", "predict", "potential",
"targeting", "intend", "could", "might", "would", "should",
"believe", "objective", "ongoing", "assumes", "goal" and similar
references to future periods or the negatives of these words and
expressions and by the fact that these statements do not relate
strictly to historical or current matters. These forward-looking
statements are based on management's current expectations and are
subject to a number of risks, uncertainties, and assumptions,
including market and economic conditions, business prospects or
opportunities, future plans and strategies, projections,
technological developments, anticipated events and trends and
regulatory changes that affect us, our customers and our
industries. Although Amaya and management believe that the
expectations reflected in such forward-looking statements are
reasonable and based on reasonable assumptions and estimates, there
can be no assurance that these assumptions or estimates are
accurate or that any of these expectations will prove accurate.
Forward-looking statements are inherently subject to significant
business, economic and competitive risks, uncertainties and
contingencies that could cause actual events to differ materially
from those expressed or implied in such statements. Such
risks and uncertainties include those identified under the heading
"Risk Factors and Uncertainties" in Amaya's Annual Information Form
for the year ended December 31, 2014
and in its Management's Discussion and Analysis for the period
ended September 30, 2015, each
available on SEDAR at www.sedar.com, EDGAR
at www.sec.gov and Amaya's website at www.amaya.com,
and in other filings that Amaya has made and may make with
applicable securities authorities in the future. Investors are
cautioned not to put undue reliance on forward-looking statements.
Any forward-looking statement speaks only as of the date hereof,
and Amaya undertakes no obligation to correct or update any
forward-looking statement, whether as a result of new information,
future events or otherwise, except as required by applicable
law.
SOURCE Amaya Inc.