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AMaya Gaming and SHFl In Poker Deal

December 17, 2012 : AMAYA GAMING CLINCHES ANOTHER ONLINE GAMBLING DEAL
 
Agreement with SHFL will see the company become exclusive distributor of Amaya’s online poker and gaming platforms in the US
 
Amaya Gaming has inked a platform deal with the US company SHFL (formerly Shuffle Master) which appoints the American company as exclusive distributor of Amaya’s online poker and gaming platforms in the US in a 50-50 revenue share deal.
 
The 10-year deal includes Ongame product following that company's acquisition earlier this month by Amaya.
 
The terms of the agreement include SHFL making up to a $10 million payment to Amaya for the exclusive rights granted.
 
SHFL and Amaya will share all revenue equally and also split all direct U.S. operational expenses, such as hosting, hardware and licensing costs.
 
Upon the execution of the agreement, SHFL will pay Amaya $2 million and have the immediate ability to offer its business-to-business customers AGP casino content and Ongame Poker for free-to-play social casino, one of the fastest growing segments of online entertainment in North America.
 
The Amaya group includes online gambling software developers like Cryptologic and Chartwell Tech.
 
The distribution agreement takes cognisance of the difficult legal and political situation in the United States, making contingent provision regarding regulated, real-money online poker commencing under either a Federal statute or in California, in which case SHFL will pay Amaya an additional $8 million.
 
Alternatively, if individual states commence regulated, real-money online poker before commencement of such play under either a Federal statute, or such play becomes legalised in California, SHFL will pay up to an aggregate of $8 million on a pro-rated basis (based on population) as individual states commence regulated, real-money online poker.
 
In the event the Federal government or California commences regulated, real-money online poker after any other state, SHFL will pay Amaya the difference between $8 million and the aggregate amount previously paid.
 
“With over 90 companies around the globe currently using its platforms, we believe that Amaya is a leader in the online gaming market and working with them will offer many mutual benefits,” said Gavin Isaacs, SHFL’s chief executive officer.
 
“We are confident that the integration of our brands and content delivery technology into Amaya’s full suite of cutting-edge online platforms will create a turnkey solution for our customers.  Together with our many U.S. gaming licenses, we believe we will be able to maximize the market presence of these platforms.”
 
David Baazov, CEO of the Amaya group, said: “Strategic alliances have always been an integral part of Amaya’s strength and growth in key markets, and SHFL, with its reputation for gaming innovation and strong relationships in the U.S., is an ideal partner for us in the U.S. market.
 
“Amaya expects to leverage those qualities by combining our technologies and expertise and putting forward a very compelling offering to U.S. operators wishing to extend their brand and operations online.”



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Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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