Canadian based Amaya Gaming Group has finished negotiations in a deal that will see the gaming developer providing its services to the National Lottery of Moldovia for an astounding 20 year term.
Amaya Gaming Group President and CEO David Baazov said, "We are very pleased to begin a long-term relationship with the National Lottery of Moldova that promises to be fruitful for both parties. Our technology is designed to offer a full range of gaming solutions from a single platform, and we believe our breadth of capabilities was a key reason we were selected, along with our ability to ensure the integrity of the system. While Moldova is the first customer to formally select us for this wide range of gaming activities, our strategy is to expand our relationships over time with new and existing customers by offering more gaming technologies in their jurisdictions."
The deal will see Amaya providing the national lottery with its vast array of services including: lottery, sports betting, digital gaming, and video lottery terminals. Implementation of Amaya's products are expected to begin in the final quarter of the year. It is estimated that Amaya may potentially earn $20 million per year in the deal.