MONTREAL, Feb. 24 /CNW Telbec/ - Amaya Gaming Group Inc. (TSXV: AYA), an entertainment solutions provider for the gaming industry
announced today that it has secured a license to operate online gaming
in the Dominican Republic. The Dominican Republic is the second largest
Caribbean nation with an estimated population of 10 million people.
Amaya's online gaming offering includes slot games as well as table
games like Blackjack, Roulette, Sicbo, Craps and Baccarat in addition
to peer-to-peer games such as online poker. The online gaming site is
expected to be launched by Q3 2011.
"We are extremely pleased to have secured this license to operate online
gaming in the Dominican Republic. We believe our extensive gaming
library and technological capabilities have been key deciding factors
in securing this license. As one the fastest growing segment of the
entertainment industry, online gaming still represents a significant
untapped market segment for Amaya" mentioned Mr. David Baazov,
President and Chief Executive Officer of Amaya.
Commenting on the granting of the online gaming license, Mr. Conrado
Abud, Director of Casinos for the Ministry of Finance of the Dominican
Republic said "Based on our investigations and due diligence, we have
decided to authorize Amaya with the only license of its kind to operate
online gaming in the country. As such, this is a sector of the gaming
industry that is rapidly developing in an illegal way. Amaya was
granted the license to redirect this already existing but illegal
gaming activity to a site that is secure, legal and trustworthy."
Amaya is engaged in the design, development, manufacturing, distribution
and sale of technology based gaming solutions for the regulated gaming
industry worldwide. For more information please visit www.amayagaming.com
Disclaimer in regards to Forward-looking Statements
Certain statements included herein, including those that express
management's expectations or estimates of our future performance
constitute "forward-looking statements" within the meaning of
applicable securities laws. Forward-looking statements are necessarily
based upon a number of estimates and assumptions that, while considered
reasonable by management at this time, are inherently subject to
significant business, economic and competitive uncertainties and
contingencies. Investors are cautioned not to put undue reliance on
forward looking statements. Except as required by law, Amaya does not
intend, and undertakes no obligation, to update any forward-looking
statements to reflect, in particular, new information or future events.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release."
SOURCE AMAYA GAMING GROUP INC.
For further information:
|Mr. David Baazov |
President and Chief Executive Officer
Amaya Gaming Group Inc.
North America: 1-866-744-3122
Dumais Financial Communications