MONTREAL, August 13, 2015 /PRNewswire/ --
Amaya Inc. (TSX: AYA, NASDAQ: AYA) ("Amaya" or the
"Corporation") today announced that it has acquired Victiv
(http://www.victiv.com), an Austin,
Texas based daily fantasy sports ("DFS") site that offers
players the opportunity to build a roster of their favorite sports
stars and compete for the chance to win real money.
The current Victiv team will manage the DFS business, which will
be rebranded StarsDraft and will be initially launched at
StarsDraft.com in select U.S. markets and later through the
PokerStars platform. Victiv has received considerable attention
among daily fantasy players for its user-friendly and innovative
software for fantasy sports enthusiasts.
"StarsDraft (http://www.StarsDraft.com ) will combine Victiv's
innovative platform and experienced DFS team with Amaya's expansive
consumer base and operational excellence as the world's preeminent
online gaming brand," said Matthew
Primeaux, CEO of Victiv. "We intend to capitalize on what we
believe is strong crossover between online poker players and daily
fantasy sports. PokerStars is the most-trusted brand in online
gaming and brings unmatched security, customer support and
technical infrastructure that we believe all players can rely
on."
StarsDraft.com will feature the innovative Victiv software that
Amaya believes has made the site increasingly popular since its
launch last September, particularly among players who are new to
the game. In particular, the Bankroll Builder feature allows new
players the chance to learn the game in a risk-free environment.
Joining free-to-enter contests new players have a chance to display
their sports knowledge and win cash without having to deposit.
About Amaya
Amaya is a leading provider of technology-based solutions,
products and services in the global gaming and interactive
entertainment industries. Amaya owns gaming and related consumer
businesses and brands including PokerStars, Full
Tilt, the European Poker Tour, PokerStars Caribbean
Adventure, Latin American Poker Tour and the Asia
Pacific Poker Tour. These brands 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, sportsbook and daily fantasy
sports.
Cautionary Note Regarding Forward Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 and
applicable securities laws, including, without limitation, the
anticipated launch of new products. Forward-looking statements can,
but may not always, be identified by the use of words such as
"anticipate", "plan", "continue", "estimate", "expect", "may",
"will", "project", "predict", "potential", "targeting", "intend",
"could", "might", "would", "should", "believe", "objective",
"ongoing" and similar references to future periods or the negatives
of these words and expressions. These statements, other than
statements of historical fact, 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 the Corporation and management believe the
expectations reflected in such forward-looking statements are
reasonable and are 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. These 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
March 31, 2015, each available on
SEDAR at http://www.sedar.com, Edgar at http://www.sec.gov and
Amaya's website at http://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 the Corporation 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.