Amaya to conduct strategic review of Cadillac Jack

“In light of recent consolidation within the gaming machine supplier industry, we believe that this is an appropriate time to review and evaluate potential strategic alternatives for Cadillac Jack that may further maximize value for our shareholders,” said David Baazov, Chairman and CEO of Amaya.

“Cadillac Jack has matured greatly as a company under Amaya’s ownership. We have developed a robust product library and enhanced our operational efficiencies. We will now consider alternatives that will accelerate our market expansion and add value to our current and prospective customers,” said Mauro Franic, Chief Operating officer of Cadillac Jack.

Amaya has engaged Macquarie Capital and Deutsche Bank Securities as co-financial advisors to assist the Corporation with the strategic review of Cadillac Jack.

There can be no assurance that the Corporation’s strategic review process will result in the taking any specific action. There is no definite time table for the strategic review and the Corporation does not intend to disclose additional information or further developments with respect to this process unless and until Amaya’s Board of Directors reviews and approves a specific action or otherwise deems further disclosure is appropriate or required.