Deal Or No Deal officially returning with Stephen Mulhern taking over from Noel Edmonds

Deal or No Deal is back! (Picture: REX/Channel 4)

Deal or No Deal is officially returning to the screens with presenter Stephen Mulhern leading the charge.

The popular daytime game show ran for 11 years on Channel 4 before being axed in 2016, reportedly over dwindling ratings.

The iconic programme, formerly presented by Noel Edmonds, saw constants selecting one of 22 boxes, with each one containing an unknown cash amount ranging from 1p to £250,000.

Once the amount is revealed, players can choose to gamble in a bid to select a box with more cash or accept an offer from the show’s Banker.

After mounting speculation, the 45-year-old magician confirmed that he’ll be fronting the ITV revival.

Speaking about the exciting gig, Stephen said: ‘Wow what an opportunity, I’m beyond excited to be hosting the brand-new series.’

The hit show was axed in 2016 (Picture: REX)

‘It’s one of the greatest shows of all time and to be the new host is an honour’ (Picture: PA)

‘I’ve always been such a huge fan of the show, so much so, I’ve been practising at home with small cereal boxes!

‘It looks so simple but it’s an incredibly compelling game for both those playing and the viewers watching at home.’

He continued: ‘It’s one of the greatest shows of all time and to be the new host is an honour.

‘I can’t wait to get started.’

Noel Edmonds previously hosted the show (Picture: Channel 4)

Casting is now open and people who are interested in applying can do so via dealornodeal.co.uk  

In addition to the regular Deal or No Deal, a Celebrity spin-off aired in the UK from 2012 to 2015, with stars attempting to win money for charity.

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Louis Walsh won the biggest jackpot, totalling £70,000 for the Irish Society for the Prevention of Cruelty to Children, followed by JLS who bagged £50,000 for their own charitable foundation.

As well as in the UK and the Netherlands, Deal or No Deal has been remade across the world including in Australia, Ecuador, Croatia and the US.

Deal or No Deal UK is available to stream on Amazon Prime Video.

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Applications are officially open!