LAS VEGAS, Aug. 15, 2013 /PRNewswire/ -- SHFL entertainment, Inc. (NASDAQ Global Select Market: SHFL) ("SHFL" or the "Company") has signed an agreement with NYX Interactive AB ("NYX") to have SHFL's online gaming products integrated onto NYX's Open Gaming System (NYX OGS™) for real-money gaming in regulated online markets.
The agreement will enable SHFL to offer its popular online proprietary table games such as Three Card Poker, Ultimate Texas Hold'em, Casino War, and Fortune Pai Gow Poker to NYX's online casino partners using NYX OGS™.
"We are confident that offering our renowned proprietary table games on NYX's platform is an excellent opportunity for SHFL to expand its reach," said Gavin Isaacs, Chief Executive Officer for SHFL. "This agreement will allow us access to new customers, further expanding our B2B online portfolio of casinos served."
David Flynn, CEO for NYX, commented, "I'm very pleased that SHFL has decided to distribute its games content via NYX OGS™. SHFL has years of experience in gaming and a rich portfolio of specialty table game content for both desktop and mobile devices. We believe that SHFL's games will perfectly complement the existing games within the NYX OGS™ portfolio and I'm confident they will resonate well with our customers."
About SHFL entertainment
SHFL entertainment is a leading global gaming supplier committed to making gaming more fun for players and more profitable for operators through product innovation, and superior quality and service. The Company operates in legalized gaming markets across the globe and provides state-of-the-art, value-add products in five distinct categories: Utility products, which include automatic card shufflers and roulette chip sorters; Proprietary Table Games, which includes live games, side bets and progressives; Electronic Table Systems, which include various e-table game configurations; Electronic Gaming Machines, which include video slot machines; and newly introduced iGaming, which features online versions of SHFL entertainment's table games, social gaming, and mobile applications. The Company is included in the S&P SmallCap 600 Index. Information about the Company and its products can be found on the Internet at www.shfl.com, or on Facebook, Twitter and LinkedIn.
About NYX Interactive
NYX Interactive has in a short time become one of the world's leading independent and total suppliers of systems for digitally distributed gaming entertainment. A part of the NYX Gaming Group, NYX Interactive specializes in developing gaming system solutions for World Lottery Association members, media companies and both private and publicly listed Gaming companies world-wide. Through its NYX OGS™, licensees are offered a fully hosted Open Gaming System, offering the best in Casino content from around the world. For more information, please visit www.nyxinteractive.
Forward Looking Statements
This release contains forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements included in this release other than statements that are purely historical are forward-looking statements. Forward-looking statements in this press release include, without limitation: the Company's anticipation that its integration with NYX will be accomplished in the manner anticipated under its contract, or at all; the Company's expectation that all of its brands will be accepted in all of NYX's markets, will be commercially successful and will be received and in-demand by NYX's customers; the Company's strategy and ability for innovation and exploitation of its brands and intellectual property and its objective to expand the reach and access of its online content; the expectation that the Company's products will perform as they are designed to do and will meet their profitability, performance and innovation expectations; the Company's belief that the requirements of its privileged licenses will not be changed, altered or revoked in a manner that would impact the Company's ability to conduct its business or market its products as currently conducted or as the Company anticipates doing so. The Company's beliefs, expectations, forecasts, objectives, anticipations, intentions and strategies regarding the future, including without limitation those concerning expected operating results, revenues and earnings are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from results contemplated by the forward-looking statements, including but not limited to: unexpected challenges in the Company's ability to accomplish its integration activities with NYX; changes in the market and economic conditions and reduced demand for or increased competition with SHFL's brands or changes in the Company's strategic initiatives of objectives; the Company's inability to accurately gauge the commercial appeal of its brands; increased infringement on SHFL's intellectual property or proprietary brands; the impact of the Company's previously announced proposed merger with Bally Technologies, Inc. on its business, operations and customer relationships; unanticipated changes in the laws, rules or regulations governing gaming and the regulation of gaming in all markets.
© 2013 SHFL entertainment, Inc. All rights reserved. Three Card Poker, Ultimate Texas Hold 'Em, Casino War, and Fortune Pai Gow Poker are marks owned by SHFL entertainment, Inc.
SOURCE SHFL entertainment