Amaya conceded UK Gaming Licenses to PokerStars and Full Tilt
20 March 2015
The announcement came today as Amaya Incorporation disclosed to receiving licenses from the UK Gambling Commission for PokerStars and Full Tilt to operate online poker and other gaming within the United Kingdom. Under temporary continuation licenses since late 2014, the brands have been operating. Amaya’s B2B online casino business is also in receipt of licenses to continue supplying UK-facing online gaming operators with online gaming content and technology.
Eric Hollreiser, Head of Corporate Communications for Amaya and Pokerstars have said in a press release earlier that they are pleased to be in receipt of operating licenses in the UK, which is fundamentally a large and exponentially growing market. He goes on by stating that Amaya and Pokerstars will continue to build upon Pokerstars guidance and direction in poker within the UK, a large and ever growing market for Amaya, and will continue to leverage their scale and expertise to become the leading market leaders in casino and sports betting,
Following a thorough review, the issuing of the UK gambling licenses are in light of the following elements being; corporate and business unit management structure, technology, game integrity, payment, processing and security, anti-crime and anti-money laundering protection, responsible gaming, policies and practices, Regulatory approach to various geographic operations.
A rating system for player fund protection has been initiated and launched by the UK Gambling Commission. With the UK player funds held separately by a trustee, PokerStars and Full Tilt have applied the very highest standards of player fund protection. Hollreiser maintains that the UK licences shows the strength of Amaya’s platforms, their regulatory approach, their relentless commitment of integrity, security and consumer protection. With this in mind, PokerStars and Full Tilt now manage and hold licences for many European jurisdictions.
Rational Group was recently recognized for its stringent and ethical responsible gaming policies by being awarded the ‘Socially Responsible Operator of the Year Online’ 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 major global casinos, and poker programming created for television and online audiences. PokerStars is the world’s most popular and successful online poker brand.