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Amaya Expects Q3 Online Launch in Nevada

The announcements and expectations keep rolling in for Canadian-based Amaya Gaming. This time, Amaya’s Chief Executive Officer David Naazov had said that the company expects to launch an online real-money poker service in the state of Nevada in the third quarter of this year.

That means it would be released sometime between July and September if the company’s expectations are correct. Mr Baazov said that the company is well in the process of getting the service ready to be launched for a third quarter release in Nevada.

“We anticipate starting real-money play once we meet the technical requirements with Nevada’s regulations,” he said. He also said that he believes Nevada will regulate online casino gaming sooner rather than later. At the present time, the state only regulates the playof online poker.

Mr Baazov’s announcement of the third quarter launch expectation comes just a day after the company announced total losses of US$7.11 million in the three months to May. The losses came after a number of agreements and acquisitions for Amaya in the poker world, including the purchase of Ongame and deals with mybet, Cogetech and Aristocrat.

The expectation was also highlighted on the same of the launch of the World Series of Poker’s (WSOP) online play-money service. While a real-money service has yet to be released by the WSOP, its owner, Caesar Interactive, have stated their intention to launch such a service in Nevada this American summer. This may see that service being launched around the same time as Amaya’s proposed service, should both companies’ plans go through as currently expected.

Mr Baazov also expressed his delight at the regulation of online poker in New Jersey, describing the state as a “very attractive” market for his company. He also said that the state could be open for the launch of real-money online poker services either towards the end of this year or the beginning of 2014.

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