Grant Denyer announced as host of resurrected Deal or No Deal on Ten

The Gold Logie winner has been named to front a revamped version of a popular series, a decade after its initial run came to an end.

Grant Denyer has been named as the new host of the resurrected game show Deal or No Deal.

The series, once a ratings juggernaut, originally aired on Seven from 2003 until 2013 and was hosted by Andrew O’Keefe.

The announcement of its return by Ten today confirms weeks of speculation.

In a statement, a spokesman for the network revealed former Family Feud host Denyer – who most recently appeared on The Amazing Race – will be fronting the “thrilling gameplay that will have the entire family enthralled”.

It will air weekdays on Ten at 6pm in 2024.

The Gold Logie winner will host of the revamped series. Picture: Ten

Deal or No Deal, based on a Dutch format, first premiered in 2003 as an hour-long program on Sunday nights.

In 2004, it relaunched as a half-hour format and moved to weekdays at 5.30pm, where it attracted a huge audience for a number of years.

However, after a decade on air, the show’s ratings continued to decline before production was eventually halted in 2013.

In 2011, even then-host O’Keefe admitted that Deal was facing stiff competition and was “showing signs that it [needed] rejuvenation.”

The original show saw a contestant having to select a briefcase from a selection of 26, each of which contained a different amount of money, ranging from 5 cents to $200,000.

Troubled former TV personality Andrew O'Keefe hosted the original series. Picture: Seven

As they progressed, the contestant opened other briefcases, and eventually had to choose whether to keep going or strike a deal with the “Banker” and quit the game - effectively deciding: “Deal or No Deal?”.

Just last month, rumours about the show’s future began circulating after a casting call for potential contestants was released.

“Does lady luck always shine on you?” the notice read, according to TV Blackbox.

“Do you listen to your head or your heart? Which suitcase number would you pick? When the time comes and there are thousands and thousands of dollars on the line, what will you do …”