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Global lotteries growth continues in 2012, Gaming Intelligence

Worldwide lottery sales increased by 13 per cent during the first quarter of 2012 following growth across all regions, according to latest figures released by the World Lottery Association.

 

In North America, participating lotteries recorded a 16 per cent increase in sales, buoyed by strong customer demand for the Powerball and MegaMillions games which helped several U.S lotteries to post record first quarter results.

 

Participating European lotteries showed the lowest growth of all the regions as sales rose by just 4 per cent during Q1. There were strong performances from Italy’s Lottomatica and Norway’s Norsk Tipping.

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Amaya Gaming bids for Diamond Game

Amaya Gaming bids for Diamond Game | Poker & eGaming News | Scoop.it

Proposed acquisition of Diamond Game Enterprises


Unique lottery technology expected to increase Amaya’s lottery footprint in North America

 


MONTREAL, June 12, 2013 – Amaya Gaming Group Inc. (“Amaya” or the “Corporation”) (TSXV: AYA), an entertainment solutions provider for the regulated gaming industry, announced today that it has entered into a definitive purchase agreement to acquire 100% of the issued and outstanding securities (the “Transaction”) of a private, arms-length company Diamond Game Enterprises (“Diamond Game”), a designer and manufacturer of gaming related products for the global casino gaming and lottery industries.

 

Upon closing of the Transaction, Amaya is expected to pay US$25 million, subject to customary purchase price adjustments, to acquire 100% of the equity of Diamond Game and to retire its debt. Amaya will finance the consideration to be paid for the Transaction through cash on hand. Closing of the Transaction will be subject to Amaya receiving all necessary licensing and regulatory approvals and is expected to occur during the fourth quarter of 2013.

 

“Diamond Game’s sale to Amaya exemplifies the hard work and dedication of our management team and employees over the past 19 years, who have established Diamond Game as an innovative supplier to the gaming industry,” commented Jim Breslo, President and Chief Executive Officer of Diamond Game. “The Transaction unlocks value for both companies by pairing our patented technology, innovative products and key contracts in the Lottery segment with a well-capitalized entity in Amaya, which possesses a solid foundation of expertise throughout its organization as well as key relationships throughout the industry. The Transaction marks a significant milestone for us, and a value-maximizing opportunity for Diamond Game’s shareholders which could not be overlooked by our Board of Directors.”

 

“Diamond Game’s lottery technology will increase our lottery footprint in North America while anticipated to be accretive to adjusted EBITDA,” said David Baazov, CEO of Amaya Gaming Group Inc. “We see upside for its latest lottery product, the LT-3, which has already been placed in Maryland and Ontario and which Diamond Game expects to be placed in new jurisdictions in the near future. Our extensive game library can be integrated with their lottery technology.”

 

Concurrently with the execution of the definitive purchase agreement, Amaya has agreed to make available to Diamond Game credit facilities of up to 2.5 million dollars to support equipment acquisition to fulfill existing contracts by Diamond Game until closing of the Transaction.

 

Expected Benefits of the Transaction

Anticipated by management to be immediately accretive to adjusted EBITDAThe Corporation has identified a number of potential synergies including:Integrating Amaya’s extensive games into Diamond Game’s Lottery TechnologyLeveraging Amaya’s network of relationships to provide new revenue opportunities for Diamond GameLeveraging Diamond Game’s U.S. Lottery relationships for the expanded deployment of Amaya’s suite of products 

Overview of Diamond Game

Established in 1994 with headquarters in Los Angeles, California, Diamond Game began as an innovative leader in the Class II Native American casino market but, since 2004, has expanded into public gaming, commercial casino, racetrack and bingo markets utilizing the Lucky Tab II, and its succesor LT-3 gaming machine.

Diamond Game has approximately 1,800 machines in over 40 locations across seven jurisdictions.Diamond Game has two primary business units:Diamond Game’s Lottery Products division creates innovative products for the public gaming and charity markets, most notably its patented LT-3 instant ticket vending machine (ITVM), which dispenses pull tab/break open or scratch tickets while simultaneously displaying the results of each ticket on a touchscreen video monitor in an entertaining fashion. Diamond Game has two existing lottery contracts with machines deployed in Maryland and Ontario.Diamond Game’s Casino Products division develops products for the VLT, Class II bingo, Class III commercial casino and racetrack markets.Diamond Game’s industry-leading development of ITVMs with video display has resulted in the recognition of numerous product patents.

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mybet chooses Ongame Poker

mybet chooses Ongame Poker | Poker & eGaming News | Scoop.it

MONTREAL, Canada – May 13, 2013 – 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.”

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Amaya – GSOP live becomes The GRAND live

Amaya – GSOP live becomes The GRAND live | Poker & eGaming News | Scoop.it

MONTREAL, Canada – April 17, 2013 – Amaya Gaming Group Inc. (TSXV: AYA) today announced that Ongame’s popular live poker tour The Grand Series of Poker live, or GSOP live will be rebranded to The GRAND live at the start of its fourth season in September. The rebranding will not affect the tour’s concept and player value proposition: exclusive locations, first class service and affordable buy-ins.

 

This is the third season of Ongame’s live tour and the fourth and final event starts today at the Marbella Casino in Spain. The event is completely sold out with 400 participants.

 

“Our poker players love The GRAND live,” said Fredrik Lindberg, Poker Event Manager at Betsson. “It offers players a truly premium experience including first class hotel and casino for an affordable buy-in. The GRAND live is especially well-suited for the large group of recreational players within Betsson.”

 

The average number of players at each of Ongame’s live poker tour events has been approximately 400 with a peak of 590 at the last event in Prague, Czech Republic. The live tour is primarily geared towards online poker players at some of the 25 partners within the Ongame Poker network, but the quality of the event now attracts poker players from all major operators.

 

Season 4 of Ongame’s live tour is still in development, and its destinations will be announced within a few weeks. More information about The GRAND live will be available at www.TheGRANDlive.com. Information about the current season 3 of the tour can be found on www.GSOPlive.com.

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Ongame launches fast fold poker

Ongame launches fast fold poker | Poker & eGaming News | Scoop.it

Ongame launches fast fold poker with mobile support

 

MONTREAL, Canada – March 7, 2013 – Amaya Gaming Group Inc. (TSXV: AYA) is pleased to announce that Amaya’s Ongame Network Ltd has launched Strobe, an improved fast fold poker concept that includes full mobile support, lower rake and fast 5-handed games. Ongame’s Strobe is the only fast fold poker format available for mobile devices in the B2B poker industry. In addition to PC, Mac and web clients, it is available for both Android and iOS devices.

 

“Playing Strobe on a tablet or smartphone is a true killer application,” said Sacha Kéchichian, CEO at EuroPoker, an Ongame customer. “Players love the intense action in Strobe and the ability to quickly jump in or out of games for any period of time. Enabling this for mobile devices just makes sense.”

 

Fast fold poker has proven to be a highly successful gaming format among players, accounting for up to 40% of all cash game hands (PokerScout, November 2012). In traditional poker ring games, players compete against a static set of players seated at the same table. In fast fold poker like Strobe, players compete against a pool of players; when players fold, they are immediately placed at a new table with new opponents.

 

“Strobe is an important addition to our offering and we are proud to roll it out to all of our customers and for all platforms,” said Fredrik Kjell, Head of Poker at Ongame. “We strive to protect the poker ecology and have chosen to decrease rake by 20% on Strobe games. By combining fast 5-handed games, lower rake and mobile support, we are confident that players will embrace this great addition to the poker industry.”

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Bally signs Ongame poker deal

Bally signs Ongame poker deal | Poker & eGaming News | Scoop.it

Bally Technologies and Amaya Gaming sign poker content agreement
U.S. partnership will also include other online casino content


MONTREAL, Canada, February 11, 2013 — Amaya Gaming Group Inc. (TSX.V: AYA) today announced the signing of a memorandum of understanding with Bally Technologies, Inc. (NYSE: BYI) to integrate Amaya’s Ongame Poker Platform (“Ongame”) and casino suite into Bally’s award-winning iGaming Platform.

 

Ongame’s best-of-breed solution will be Bally’s preferred poker provider in the emerging U.S. online gaming market. Ongame’s global online poker network includes 25 of the e-gaming industry’s strongest brands, owned by a total of 19 operators in regulated jurisdictions, and currently reaches more than 20 million customers in over 25 markets. Ongame also operates regional networks in France, Italy and Spain.

 

The ability to integrate Ongame’s poker platform and other iGaming content will provide land-based casino operators another best-in-class business-to-business offering and allow them to utilize world-class technology, while maintaining control of their operations through a proven, licensed gaming supplier.

 

Additionally, casino content created by Amaya, will be integrated into Bally’s iGaming Platform, giving casino operators additional world-class content in Bally’s open platform.

 

“We are delighted to add Bally as a partner in the US Market,” commented Darcy Krogh, VP Business Development of Amaya Gaming Group. “They are an established global brand with great customer reach in the land based gaming industry. The combination of Bally and Amaya should provide casino operators and their players many benefits of a strong strategic alliance, bringing state of the art poker and casino content to the market.”

 

Bally Technologies’ Vice President of Business Development John Connelly said: “Ongame is a world leader in the online poker space and we are excited to incorporate their best-in-class offering into the Bally iGaming platform. This relationship further validates the current transformation within the online gaming sector, which integrates traditional and online casino systems, allowing casino operators to protect their data, while offering their customers Best in Class content.”

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New bonus tool increases player activity by 30%

New bonus tool increases player activity by 30% | Poker & eGaming News | Scoop.it

Amaya develops Instant Rewards tool for online gaming operators
Real time achievement tool increases poker player activity and revenues for Paf

MONTREAL, Canada – February 4, 2013 – Amaya Gaming Group Inc. (TSXV: AYA) today announced the first evaluation of its Instant Rewards tool showed an increase of over 30% in both player activity and revenues generated from poker players using Instant Rewards at Paf.com.

 

Instant Rewards is a new achievement engine enabling online gaming operators to set up a number of different challenges for players and pay out related prizes in real time. In poker, for instance, the challenge could be anything from winning a hand with two Aces to collecting a certain combination of cards. Each Instant Reward has its own progress bar that shows clearly how close players are to achieving the prize. The player gets notified directly at the table about his or her progress and as soon as he or she has completed the challenge. The prize, which could be cash or tournament tickets, is made available immediately for players.

 

“Instant Rewards might be one of the most innovative poker features I have ever seen,” said Herbert Paradis, Poker Manager at Paf. “After a two-month trial we have measured an increase in both time spent by and revenue generated from players using Instant Rewards. Poker players love challenges and this product is well suited to incentivize recreational players. It gives ordinary players an experience of competence and creates a feeling of mastery when they complete the challenge at hand. Ongame is helping us to bring back the fun in poker.”

 

“The thrill of poker comes from the tension of tough challenges and the joy of winning,” said Fredrik Kjell, Head of Poker for Ongame Network Ltd., a wholly owned subsidiary of Amaya. “Instant Rewards highlights those many achievements you do every day as a poker player and provides recognition to players beyond monetary values. The majority of poker players do not make any money; they play because they love the game of poker. Their goal is entertainment, fulfillment and the sense of mastery of the game. Our analysis shows Instant Rewards can not only increase player satisfaction, but also increase revenues for operators.”

 

Instant Rewards is built into the Ongame Poker product and requires no integration work or set-up costs for operators. The operators can turn on the product with a click. A full service version is also available with management, customization of rewards and in-depth analyses of campaigns. Instant Rewards is available in a downloadable client, on the web and in mobile clients for iOS and Android. Instant Reward is patent pending.

Carl Zide's insight:

Other sources: http://www.egrmagazine.com/news/exclusive_amaya_launches_instant_rewards_on_ongame_network

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Turn-key US poker in cooperation with SHFL

Turn-key US poker in cooperation with SHFL | Poker & eGaming News | Scoop.it
SHFL entertainment to be the Exclusive Distributor of Amaya's Online Poker and Gaming Platforms in the United States

MONTREAL, Canada – December 17, 2012 – Amaya Gaming Group Inc. (“Amaya” or the “Corporation”) (TSXV: AYA), an entertainment solutions provider for the regulated gaming industry, and SHFL entertainment, Inc. (NASDAQ Global Select Market: SHFL) (“SHFL” or the “Company”) today announced that SHFL has been selected as the exclusive distributor of Amaya’s state of the art Gaming Platform (“AGP”) and the Ongame Poker Platform (“Ongame Poker”) in the United States for a 10 year term commencing on the execution of the definitive agreement.

SHFL was founded in 1983 with corporate headquarters in Las Vegas, NV. The company posted 2011 revenues of US$228 million (all figures in US dollars) and has a current market capitalization of $887 million. SHFL has over 3,000 customers in six continents and holds more than 300 gaming licenses, approvals, authorizations and waivers from gaming authorities and regulators worldwide. In July, SHFL was one of the first three companies to be granted an unrestricted interactive license by the Nevada Gaming Control Board.

The terms of a definitive agreement will 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 definitive agreement, SHFL will pay Amaya $2 million and have the immediate ability to offer its business-to-business (“B2B”) customers the AGP casino content and Ongame Poker solution for free-to-play social casino, which is one of the fastest growing segments of online entertainment in North America.

Contingent upon regulated, real-money online poker commencing under either a Federal statute or in California, 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 legalized in California, SHFL will pay up to an aggregate of $8 million on a prorated 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 renowned 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.”

"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," said David Baazov, CEO of Amaya. “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.”

Added Louis Castle, SHFL’s Chief Strategy Officer: “Free-to-play and social casino offer an exciting immediate opportunity for collaboration with Amaya. The U.S. online poker market is also very promising and we are thrilled to have the opportunity to work with Ongame, whom we have always believed has the best technology available for online B2B poker.”
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Golden Palace launches iOS and Android Poker powered by Amaya Ongame

Golden Palace launches iOS and Android Poker powered by Amaya Ongame | Poker & eGaming News | Scoop.it

Amaya’s Ongame expands its mobile offering in Belgium

 

Goldenpalace.be launches mobile poker for both Android and iOS

 

 

MONTREAL, Canada – December 6, 2012 – Amaya Gaming Group Inc. (“Amaya” or the “Corporation”) (TSXV: AYA), announced today that goldenpalace.be has chosen Amaya’s wholly owned subsidiary Ongame Network Ltd. (“Ongame”) to power its mobile poker for both Android smartphones and Apple’s iPhone and iPad. The poker application can be found in the Belgian iTunes Store by using the search term ‘Golden Palace’. Android users can download the poker application link on goldenpalace.be.

 

“Our poker players demanded a premium mobile offering,” said Glenn de Cuyper, Poker Manager at goldenpalace.be. “Starting today, we can meet those needs with mobile poker from Ongame.”

 

“The new tool for Android allows me to also play on my smartphone,” said David Janssen, member of the Golden Team, a team of amateur poker players sponsored by goldenpalace.be. “We have looked forward to this and the gaming experience is fantastic: fast and user friendly.”

 

“We’ve been first into every market opened so far,” said Peter Bertilsson, Managing Director at Ongame. “Ongame was one of the first to offer online poker in Belgium, and also the first to offer a complete mobile offering. Mobile has surpassed that of any consumer technology in history, being twice as fast as the Internet boom of the '90s and even three times quicker than the take-up of social media networking. Amaya and Ongame are proud to enable partners like goldenpalace.be to harvest the benefits of being a first mover.”

 

 

ABOUT ONGAME

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, 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 of Amaya Gaming Group Inc. Further information about Ongame can be found at www.ongame.com.

 

 

ABOUT GOLDEN PALACE

The Belgian Golden Palace group exploits 28 halls in Belgium, and since September 1, 2012 it has the online gaming platform www.goldenpalace.be, which was the first to get a B+ gaming license from the Gaming Commission. The company owes its success to its trustworthy relationship with its customers, which has been built up carefully in the various amusement arcades over the last 50 years. Golden Palace wishes to be the first choice for on and offline players. The company constantly strives to offer its customers a more rewarding and successful user experience; both online and in the arcades. For more information please visit www.goldenpalace.be/

 

 

ABOUT AMAYA

Founded 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 casino games and platforms, traditional and mobile lotteries, 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.

 

 

For further information, please contact:

 

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

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Japanese gaming market differs from Europe/US, Social Casino intelligence

Japanese gaming market differs from Europe/US, Social Casino intelligence | Poker & eGaming News | Scoop.it

Dr Toto adds: “I think that the Japanese social gaming market is very different from that of the US or Europe. In Europe and America, casino games are moneymaking machines, but in Japan the market is dominated by the ‘traditional’ social genres, such as farming and puzzle titles."

 

“The biggest moneymakers in the casino genre are pachinko games, which have a slot mechanic within them, but these are very simple games and more approximations of real pachinko games. Poker and slots are present in the market but virtually unknown,” he concludes.

 

Many may have been deterred by a ban on a prize mechanic in May this year, which prompted fears of a crackdown on gambling-style games. While social casino operators resolutely deny that they offer gambling in any shape or form, it seems the Japanese Consumer Affairs Agency begs to differ. The agency initiated a crackdown on kompu gacha, a game mechanic wherein payers could win a virtual prize and progress in a game after wagering a stake of ¥300 ($3.74), decreeing that it was too similar to gambling and ordering all operators to comply.

 

The effect was immediate, with GREE’s share price dropping 23%, though the head of its corporate division, Ryutaro Shima, claimed that “even if kompu gacha is abandoned, it won’t rock the foundation of GREE”. Despite Shima’s confidence that the ban would not affect the company, Macquarie Securities analyst David Gibson suggested that net income could drop 18% as a result.

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Amaya revenue up 360%, net Q3 results of 5,9 MUSD, Gaming Intelligence

Canada’s Amaya Gaming Group has reported a 360 per cent increase in revenues to CAD$18.3m for the third quarter of 2012, with full year revenues expected to be significantly boosted by the company’s recently completed Cadillac Jack and Ongame acquisitions.

 

Amaya said that third quarter revenues were boosted by the inclusion of software licensing and hosted casino revenues from Chartwell and CryptoLogic, as well as an increase in sales of its proprietary Mosino gaming stations.

 

“We were very pleased with the organic growth of our revenues in the third quarter over the second quarter, which was primarily due to the growth of the licensee bases in Europe of our subsidiaries CryptoLogic and Chartwell,” said David Baazov, president and CEO of Amaya.

 

Total expenses rose 177 per cent to $16.2m, with selling and marketing expenses increasing 106 per cent to $2.7m. General and administrative expenses grew by 173 per cent to $11.8m, driven by a growing employee base due to the Chartwell and CryptoLogic acquisitions and fully staffed operations in Moldova, Armenia, and the Dominican Republic. Consulting fees, amortization costs, and communications expense in connection with generating CryptoLogic's hosted casino revenue also contributed to the increase.

 

Amaya recorded an adjusted EBITDA of $5.9m for the third quarter, compared to an EBITDA loss of £0.9m a year ago, although this excludes $0.4m of acquisition-related costs and $0.1m of costs to terminate certain employment agreements. Overall, the company generated net earnings of $0.9m for the quarter, compared to a net loss of $1.8m a year ago.

 

Q3 and Jan-Sep 2012 Results

Canadian Dollars (CAD$) Q3 2011 Q3 2012 Jan-Sep 2011 Jan-Sep 2012
Revenues 4.0m 18.3m 8.9m 39.2m
Cost of Products 0.2m 0.05m 0.4m 0.8m
Gross Profit 3.8m 18.3m 8.5m 38.5m
Total Expenses 5.9m 16.2m 14.2m 45.9m
Net Earnings/(Loss) (1.8m) 0.9m (4.7m) (6.4m)
Basic EPS (0.04) 0.01 (0.11) (0.11)

 

For the nine month period, total revenues soared 342 per cent to $39.2m. On a regional basis, revenue growth was concentrated in the Caribbean and Europe during the period.

 

The Caribbean now accounts for 30 per cent of total revenues following an increase in the sale of the company’s Mosino gaming stations, while Europe accounts for 66 per cent as the customer base of Chartwell and CryptoLogic are predominantly European. Africa generated just 3 per cent as Amaya shifted away to more profitable markets in North America, Europe and the Caribbean.

A significant rise in total expenses however, up 223 per cent year-on-year to $45.9m, meant that the company widened its net loss to $6.4m for the nine month period.

 

Following the closure of the Cadillac Jack and Ongame acquisitions earlier this month, Amaya said that it expects fourth quarter revenues to be in the range of $36m to $40m, with adjusted EBITDA of between $13.5m and $15m.

 

“We're also extremely excited about our recent acquisitions of Cadillac Jack and Ongame,” continued Baazov. “Cadillac Jack provides Amaya with an important presence in the United States and the ability to offer physical, virtual, and mobile gaming solutions to our customer base, which addresses a growing trend toward convergence in our industry.

 

“Additionally, we expect to leverage Amaya's existing customer base in Europe as well as our sales and support staff to place Cadillac Jack's top quality gaming machines in that region.

 

“Our acquisition of Ongame provides us with a global online poker network reaching 20 million customers that includes 25 of the e-gaming industry's strongest brands. Having a top quality poker engine also positions us to participate in the U.S market as the regulation of online poker evolves. We expect to capitalize on revenue and cost synergies from both acquisitions early in the New Year.”

 

As at September 30th the company held cash and cash equivalents of $99.9m compared to $5.8m a year ago.

 

Shares in Amaya Gaming Group Inc (Co. Data) (TSX:AYA) will commence trading at $3.87 per share in Toronto later today.

 

Other sources:

http://www.newswire.ca/en/story/1079171/amaya-gaming-group-announces-2012-third-quarter-financial-results ;

http://gamingzion.com/gamblingnews/canadian-gambling-amaya-performs-strong-in-q3-2012-3261

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Quarterly revenues increase for Loto-Quebec by 2% - online grew with 25%, iGaming Business

Quarterly revenues increase for Loto-Quebec by 2% - online grew with 25%, iGaming Business | Poker & eGaming News | Scoop.it

Canadian state-run provincial lottery operator Loto-Quebec has released its second quarter financial results showing that it experienced an almost two percent year-on-year rise in total revenues to CAD$917.4 million (US$923.5 million).


Montreal-based Loto-Quebec additionally saw overall earnings increase by 2.5 percent when compared with the same period in 2011 to CAD$344.4 million (US$346.6 million) and stated that these improvements were due to ‘both good business performance and tightly controlled expenditures’.

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Amaya's Ongame to Power Poker for Mohegan Sun, First East coast poker solution announced

MONTREAL, Canada – November 27, 2012 – Amaya Gaming Group Inc. (“Amaya”) (TSXV: AYA) announced today that Mohegan Sun has chosen Amaya’s subsidiary Ongame Network Ltd. (“Ongame”) to power its online poker offering. Mohegan Sun will enter the online gambling market in early 2013 by launching play money poker at www.mohegansun.com for PCs, Macs, smart phones and tablets.

 

“We have been looking for the best possible fit for a poker partner for over 6 months,” said Mitchell Etess, Chief Executive Officer of the Mohegan Tribal Gaming Authority. “Mohegan Sun needs a provider who has outstanding regulatory experience and flexibility to offer intra-state play-for-free poker at first, and the technology to enable real money online poker when it is legalized. We are proud to announce that this partner is Ongame.”

 

The action by The Mohegan Tribe marks the first move by an East Coast casino operation into the world of online gaming and poker. This will enable Mohegan Sun to be at the head of the line when legalized real money poker is available to American customers.

 

“It is exciting to be part of the move online for one of the most dynamic and expansive casino operators in the United States”, said Peter Bertilsson, Managing Director of Ongame. “Mohegan Sun is the second largest casino site in the United States and it will be very exciting to be a partner in their online gaming operations as this becomes an important part of their future business strategy.”

 

About Amaya

Founded 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 casino games and platforms, traditional and mobile lotteries, 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 Ongame

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, 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 of Amaya Gaming Group Inc. Further information about Ongame can be found at www.ongame.com.

 

About Mohegan Sun

Mohegan Sun, owned by the Mohegan Tribal Gaming Authority, is one of the largest, most distinctive and spectacular entertainment, gaming, shopping and dining destinations in the United States. Situated on 185 acres along the Thames River in scenic southeastern Connecticut, Mohegan Sun is within easy access of New York, Boston, Hartford and Providence and located 15 minutes from the museums, antique shops and waterfront of Mystic Country. More information is available at mohegansun.com. Connect with us on facebook.com/mohegansun, follow us on twitter.com/mohegansun, find us on pinterest.com/mohegansun and view us on youtube.com/mohegansunvideos.

 

Other sources:

http://www.newswire.ca/en/story/1078479/amaya-s-ongame-network-to-power-poker-for-mohegan-sun ;

http://www.gioconews.it/esteri/amaya-ongame-network-muove-i-primi-passi-nel-poker-online-usa-31042.html ;

http://www.gioconews.it/english-pages/amaya-s-ongame-network-to-power-poker-for-mohegan-sun-first-east-coast-poker-solution-announced-31044.html ;

http://www.lelezard.com/communique-1601872.html ;

http://www.gamingintelligence.com/business/18483-amayas-ongame-signs-mohegan-sun-online-poker-deal ;

http://www.egrmagazine.com/news/mohegan_sun_chooses_ongame_for_online_poker ;

http://www.gambling911.com/poker/mohegan-sun-poker-use-ongame-software-platform-112712.html ;

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Greek Intralot revenues +17%, earnings -27%, Yogonet

Greek Intralot revenues +17%, earnings -27%, Yogonet | Poker & eGaming News | Scoop.it

Intralot announced its financial results for the six month period ending June 30th 2012, prepared in accordance with IFRS. Consolidated Revenues posted an increase of 17.2% reaching 687.3 million euros in 1H12 compared to 586.4 million euros in 1H11.


EBITDA in 1H12 increased by 12.2% to 81.4 million euros, compared to 72.6 million euros in the same period in 2011.

 

EAT (after minorities) in 1H12 were decreased by 26.8% reaching 5.5 million euros. Compared to 1Q 2012, Net Debt reached 388 million euros, posting an increase by 26.1 million euros in 1H 2012 due to a capex of 39.4m in Q2 2012 mainly due to the payment for the renewal of the gaming license in Malta.

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Millionaire’s Club Jackpot win €2.8 M

Millionaire’s Club Jackpot win €2.8 M | Poker & eGaming News | Scoop.it

MONTREAL, Canada – May 15, 2013 – Amaya Gaming Group Inc. (TSXV: AYA) is excited to announce that their exclusive Millionaire’s Club III progressive jackpot has paid out a whopping €2.8 million to one very fortunate online slot player at Jaxx.com, a member of the mybet Casino Network.

 

The jackpot was won on May 3rd by a JAXX casino player who managed to trigger it with a meager €5.00 bet. The life-changing €2.8 million win is the 3rd highest jackpot to be paid out in the history of Amaya’s fan favorite, Millionaires Club. It marks the 17th time the jackpot has been hit since it originated in 2004. This Amaya-powered progressive also paid out an immense €3.1 million in June, 2011 and nearly €7.0 million in 2007.

 

The lucky winner, a 44 year old nurse and mother of two, could not believe her luck. “After work I decided to try my luck in the Casino. When the message popped up telling me I had won €2.8 million, I nearly fainted.” The lucky winner is planning on buying a new house for her family and taking everyone on a nice vacation. “A reasonable amount will of course be put into a savings account” she says with a grin appearing on her face, “other than that the comfortable life can start!” says the 44-year old mother.

 

“This is fantastic news and we’re delighted to have such a massive win happen on our site,” said Mark Irvine, Director JAXX UK Ltd. “It is a reminder about the high level of excitement that Amaya games generate for our players, and one of the many reasons we love Amaya games.”

 

“Jaxx has been a partner of Amaya since 2005 and our games have proven to be extremely popular,” said David Baazov, CEO of Amaya Gaming. “We are thrilled that the Millionaire’s Club progressive jackpot has been hit again. This jackpot has paid out over €24 million since it was introduced in 2004, and continues to regularly change lives.”

 

The chance to win the exciting progressive jackpot in Millionaires Club is available as players advance through a multi-level spinning wheel bonus game – with the third wheel containing the highly coveted jackpot. The jackpot has since been reset to 175,000 coins and began to grow immediately.

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Aristocrat chooses Ongame Poker from Amaya

Aristocrat chooses Ongame Poker from Amaya | Poker & eGaming News | Scoop.it

Aristocrat Partners With Ongame Poker For The Emerging U.S. Online Gaming Market

 

MONTREAL, Canada and LAS VEGAS, Nevada (May 2, 2013) – Amaya Gaming Group Inc. (TSXV: AYA) and  Aristocrat Technologies Inc. today announced they have entered into a Memorandum of Understanding whereby Aristocrat will offer the Ongame poker network platform to Aristocrat’s U.S. customers through Aristocrat’s award-winning nLive™ online gaming platform.

 

Ongame has added many features for recreational players tailored for the U.S. market. Recent new products include Strobe, a new fast-fold poker format; Instant Rewards, an achievement and player incentive engine; and Hyperspace, in-client player communication. Ongame poker also has full mobile support for both iOS and Android, including tablets, and iPads.

 

Aristocrat’s nLive solution offers land-based operators a turnkey solution for providing their players with an online gaming solution. Operators can immediately start to offer play-for-fun games, which give players the chance to sample casino table games, multiplayer games and Aristocrat’s online slots when they’re not in the venue. As soon as necessary regulatory approvals have been put in place, the operator can switch from play-for-fun poker to real money poker.

 

“We are delighted to partner with Ongame to offer online poker on the nLive platform,” said Atul Bali, President of Aristocrat Americas. “This aligns perfectly with our strategy of bringing our best-of-breed wagering, free play and social platform, while integrating both Aristocrat and leading third-party content as part of the nLive offering.”

 

“Aristocrat and Amaya share a common vision of integrating land-based gaming with online gaming,” said David Baazov, CEO of Amaya Gaming Group Inc. “Integrating our online poker offering into the Aristocrat nLive platform opens up a wide range of new opportunities in the United States. This is a strategic relationship in the most promising market in the world.”

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Microgame launches Amaya slots in Italy

Microgame launches Amaya slots in Italy | Poker & eGaming News | Scoop.it

Microgame launches Amaya online slots in Italy

 

MONTREAL, Canada – March 7, 2013 – Amaya Gaming Group Inc. (TSXV: AYA) is pleased to announce that Microgame S.p.A. has recently launched some of Amaya’s most popular online casino slot games including Serengeti Diamonds, Samurai Princess, Lost Temple, Thundering Zeus, Chilli Gold, Frogs ‘n Flies and Aladdin’s Legacy.

 

Microgame is the leading service provider for the remote gaming market in Italy, where online casino slot games were recently regulated. The company successfully powers nearly 50 of the most successful gaming companies in the Italian market with over 160 online brands represented.

 

“The Amaya suite of casino games are well known in the industry for their player popularity and operator profitability,” said Massimiliano Casella, CEO of Microgame. “They will help us to maximize value for our partners. We look forward to a close relationship going forward.”

 

“Microgame is one of the most innovative Italian technology companies in the market,” said David Baazov, CEO of Amaya. “Italy is an important regulated market for us, and we will be looking to increase our market share in that country as it opens up for more business."

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Casino777.be launches Amaya casino

Casino777.be launches Amaya casino | Poker & eGaming News | Scoop.it

Amaya Gaming Group Inc. (TSXV: AYA) is pleased to announce that Casino777.be, owned by Circus Group, today launches the full suite of proprietary and branded games from Amaya. Circus Services SPRL, a wholly owned subsidiary of Circus Group, has a three-year licensing agreement with Amaya, first announced on July 26, 2012.

 

The Casino777.be website, one of Belgium's first regulated online gaming sites, was launched in late 2011 and has quickly become the country's premier online gaming destination.

 

“Amaya’s suite of casino games are renowned for being highly popular with players as well as highly profitable for operators,” said Emmanuel Mewissen, CEO of Circus Group. “Amaya is enriching the players’ experience on casino777.be through a combination of high-yielding proprietary games including some of the most popular branded games like Superman and Batman and highly popular games from other major brands.”

 

“We are thrilled to launch the Amaya suite of games on a premium casino site like casino777.be,” said David Baazov, President and Chief Executive Officer of Amaya Gaming Group. “Our casino products are an integral part of our strategy to capitalize on the convergence of online and land-based gaming, enabling our partners to offer their clients the best of both worlds. We have established a great new relationship with a respected operator in a new market to grow our business online, and we hope to potentially expand on that relationship in the future.”

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ACEP chooses Ongame poker

ACEP chooses Ongame poker | Poker & eGaming News | Scoop.it

American Casino & Entertainment Properties chooses poker from Ongame for acePLAYpoker.com

 

MONTREAL, Canada – February 20, 2013 – Amaya Gaming Group Inc. (TSXV: AYA) today announced that ACEP Interactive, LLC, the interactive gaming arm of American Casino & Entertainment Properties LLC (ACEP), has chosen Amaya’s Ongame to power its online poker offering acePLAYpoker.com, which was launched February 12, 2013. ACEP is the parent company of the iconic Stratosphere Casino, Hotel & Tower located on the Las Vegas Strip, the two Arizona Charlie’s Hotels & Casinos in Las Vegas, and Aquarius Casino Resort in Laughlin, Nevada.

 

The Nevada Gaming Commission approved ACEP as an interactive gaming operator on September 20, 2012, which paves the way for a launch of real money online poker as soon as it is possible.

 

“The poker solution from Amaya’s Ongame enables us to quickly establish a quality free to play poker website,” said American Casino & Entertainment Properties’ Chief Executive Officer Frank Riolo. “We are aiming to be among the first-movers within iGaming in the United States. Our launch of acePLAYpoker.com will help strengthen our brands and prepare us for real money online poker, which we will launch when it is legally possible.”

 

Nevada is among the first states in the U.S. to regulate poker and is poised to be the first state where real money online poker will be launched.

 

“Ongame’s unique track record within regulated markets around the world has proven essential for the success we are experiencing in the U.S.,” said David Baazov, President and Chief Executive Officer of Amaya Gaming Group. “Partnering with some of the world’s premier casino brands like the iconic Stratosphere, Arizona Charlie’s and Aquarius are great steps on a very exciting journey in the regulated U.S.”

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Redbet chooses Ongame after leaving IGT

Redbet chooses Ongame after leaving IGT | Poker & eGaming News | Scoop.it
Amaya subsidiary Ongame acquire new partner

MONTREAL, Canada – December 18, 2012 – 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.”
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Playboy powered by Amaya and Ongame

Playboy powered by Amaya and Ongame | Poker & eGaming News | Scoop.it
Playboy selects Amaya for Online Gaming

LOS ANGELES & MONTREAL – December 13, 2012 – Amaya Gaming Group Inc. (“Amaya” or the “Corporation”) (TSXV: AYA), an entertainment solutions provider for the regulated gaming industry, is pleased to announce a global licensing agreement with Playboy Enterprises (“Playboy”) through which Amaya and Playboy will collaborate and develop online gaming initiatives in poker and lottery featuring the iconic Playboy brand in selected territories where permitted around the world. Detailed development and marketing initiatives are underway and initial roll-out is anticipated to begin in early 2013.

Founded in 1953 by Hugh Hefner, privately-held Playboy brings its design-driven lifestyle brand to a global consumer audience through licensing partnerships, media content and entertainment experiences. Today the brand boasts ninety seven percent brand awareness, over seven million Facebook fans, and 10 million unique visitors per month to its website www.playboy.com. The company is leveraging its growing presence digitally in areas including online gaming.

“The Playboy lifestyle is about indulging our passions, and we are focused on bringing content, products and experiences to consumers around the globe that define this lifestyle,” said Scott Flanders, CEO of Playboy Enterprises. “Gaming is an ideal fit with our strategy and we’re delighted to partner with Amaya on this project, combining a leading global brand with a strong technology partner to offer what we believe will be exciting online gaming experiences.”

“This is a giant global brand for Amaya to partner with online,” commented David Baazov, CEO of Amaya Gaming Group. “We are extremely pleased that Playboy has chosen Amaya to help with their online strategy for both poker and lottery. With its tremendous online audience and boasting one of the highest unaided global awareness and social media user engagements of any brand, we’re confident that our collaboration with Playboy will be a recipe for success and look forward to guiding them in their online endeavors.”


ABOUT AMAYA
Founded 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 casino games and platforms, traditional and mobile lotteries, 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 PLAYBOY ENTERPRISES
Playboy is one of the most recognized and popular consumer brands in the world. Playboy Enterprises, Inc. is a media and lifestyle company that markets the brand through a wide range of media properties and licensing initiatives. The company publishes Playboy magazine in the United States and abroad and creates content for distribution via television networks, websites, mobile platforms and radio. Through licensing agreements, the Playboy brand appears on a wide range of consumer products in more than 150 countries as well as retail stores and entertainment venues. For more information, please visit www.playboyenterprises.com.
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William Hill is leaving Playtech?, iGaming Post

William Hill is leaving Playtech?, iGaming Post | Poker & eGaming News | Scoop.it

William Hill came a step closer to buying out its online joint venture partner Playtech after formally triggering a valuation process for William Hill Online. The move is part of its right to exercise a call option over Playtech’s 29% stake in the business.

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Sexism is alive and well in the game industry, #1reasonwhy, VentureBeat

Sexism is alive and well in the game industry, #1reasonwhy, VentureBeat | Poker & eGaming News | Scoop.it

Women in the gaming world are expressing through Tweets why there are so few females in the industry.


Luke Crane, who works as the games project specialist at crowdfunding site Kickstarter and self-publishes role-playing games, asked, “Why are there so few lady game creators?”


Here are just a few of the Tweets we read:
Heather Powers@sillypsyche
#1reasonwhy Because even at the director level I was told that "women in this company aren't allowed to drive alone at night"


Carol Pinchefsky@CarolPinchefsky
#1reasonwhy Because a company celebrated their launch party w/pole dancers as "a display of feminine strength," not, ya know, weightlifting.

 

Anna Eve Cail@G33kGrrly
#1reasonwhy RT @br: The trolls better bring their A-game. You can't be worse than some producers I've worked with.

 

Jen MacLean@jenmacl
Because too many women are scared to speak up when they are harassed/assaulted because they fear the impact on their career #1reasonwhy

 

Tarryn van der Byl@nxtrms
Because we can't even complain about sexism in the gaming industry without men complaining that we're complaining. #1reasonwhy

 

Sarah R.@SarahTheRebel
#1ReasonWhy because men dont see this as their fight too. Even the "good" ones wont stand up and say something

 

Jen MacLean@jenmacl
Because too many industry events feature half-naked women as eye candy for "networking". #1reasonwhy

 

SwitchKnitter@SwitchKnitter
RT @janetharvey because I'd like you to ask my opinion as a designer, not only ask me what I think when you want to "pink it up" #1reasonwhy

 

Brenda Romero
@br When announcing MY new game, an industry publication referred to me in the headline not by my name but as John Romero's wife. #1reasonwhy

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Nordic Leisure (Redbet) returns to profit, iGaming Business

Nordic Leisure (Redbet) returns to profit, iGaming Business | Poker & eGaming News | Scoop.it

Swedish online gambling provider Nordic Leisure AB has released its financial results for the third quarter showing a 17 percent year-on-year increase in revenues to SEK24.6 million ($3.71 million).


Formerly known as Redbet Holding AB and the firm behind the Redbet.com, OptiBet.lv, HeyPoker.com, WhiteBet.com, GoldClubCasino.com and TotalPoker.com domains, Nordic Leisure revealed that its profit after tax for the three-month period amounted to SEK2.7 million ($407,813), which was considerably better than the loss of SEK 1.9 million ($286,971) it reported for the same period in 2011.

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ARPPU Social Casino Gamers 1.8x Higher Than Average Social Gamer, SuperData Research

ARPPU Social Casino Gamers 1.8x Higher Than Average Social Gamer, SuperData Research | Poker & eGaming News | Scoop.it

Among its key findings, the study found that the average social casino gamer spent $78 in July, roughly 1.8x more than the average social gamer ($43). It also estimates the total money spent on casino-style games this year to total $1.6 billion, reaching $2.4 billion by 2015E. The U.S. is the largest market with $660 million in annual spending, followed by Europe ($446 million) and Asia ($311 million).

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PartyPoker's FastForward Falling Short of PokerStars' Zoom Poker

PartyPoker's FastForward Falling Short of PokerStars' Zoom Poker | Poker & eGaming News | Scoop.it

In recent days, PartyPoker's network, which includes sites like WPT Poker, rolled out FastForward, a fast-play option that's similar to Zoom Poker on PokerStars and Rush Poker on the old Full Tilt. According to PartyPoker's website, "You don't even have to wait for the action to hit you; if you don't want to play a hand, just hit the 'Forward Fold' button and you'll instantly be dealt into a new hand. Players at your table won't even know you have folded until it's your turn to act."

According to a recent update from PokerScout, which tracks cash game volume across the major online poker sites, FastForward's popularity has fallen well short of Zoom Poker. PokerScout officials explained the sizable discrepancy: "Although the data is preliminary, FastForward has thus far failed to attract players to the same extent as Zoom Poker on PokerStars. At PartyPoker, 8% to 9% of real money ring game players are in fast-fold games. In contrast, PokerStars had some 25% of players in fast-fold games after the launch in March."

In a March update from PokerScout shortly after Zoom Poker was unveiled, real money ring game traffic on PartyPoker, iPoker, Ongame, and Microgaming all sank by 5%. Where did the players go? PokerStars, of course, which saw its cash game traffic tick up 3% likely due to Zoom Poker.

 

Other sources:

http://www.pokerlistings.com/party-poker-launches-speedy-fastforward-poker-14436

 

Unique to Party Poker is the option to play heads-up FastForward, which is quite possibly the fastest poker game on earth.

 

Full Tilt Poker was originally the first site to the market with its Rush Poker in 2010 but now most major sites offer the variant including Zoom Poker on PokerStars and Speed Poker on Titan Poker.

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