Amaya interested in CryptoLogic
CryptoLogic appointed Deloitte Corporate Finance as its financial adviser late last month following a 35 % year-on-year drop in total revenues to US$ 26 million and is now facing a number of options including the possible sale of part or all of the business.
“This review is at an early stage and will consider a number of strategic options including the possibility of an offer being made for the company or a disposal of part of the business,” read a statement from CryptoLogic. “The board wishes to stress that there can be no certainty that any offer will be forthcoming.”
Despite this initial pessimism, server and network-based gaming specialist Amaya is now alleged to hold close to 5 % of CryptoLogic’s shares and could very well be lining up a takeover.
The Montreal-based firm recently secured the first online gaming licence ever issued by the Dominican Republic and has plans to premiere a new domain during the third quarter offering slots and table titles including blackjack, roulette, craps and baccarat in addition to peer-to-peer games such as online poker.
Wynn Resorts profit rises in Q1 as Macau, Las Vegas drive quarter revenue growth
IGT’s Powerbucks surpasses CAD$100 million in jackpot payouts in Canada
Wazdan shortlisted in five categories at SBC Awards Americas 2026
Century Casinos cuts Q1 loss as revenue climbs to $137.2 million
DraftKings beats Q1 estimates, touts Super App growth in prediction markets
Wynn Resorts profit rises in Q1 as Macau, Las Vegas drive quarter revenue growth
OpticOdds launches as first odds data API available via MCP for Claude Desktop
Algotech strengthens its trading technology ecosystem through collaboration with 55Tech
Riddec Games enters Nirmata Play distribution network through Stargate partnership
PAGCOR endorses SiGMA Asia Summit 2026 in Manila
Skilrock joins APLA Seminar 2026 as Silver Sponsor
