MONTREAL, April 24, 2012 /CNW/ - Amaya Gaming Group Inc. (TSX.V: AYA), an entertainment solutions provider for the regulated gaming industry, today announced that it has ranked highly in two categories of the 2012 edition of the Branham300, a definitive listing of Canada's Information and Communication Technology (ICT) industry leaders, as ranked by revenues.
Amaya ranked first in the Top 20 Movers and Shakers category. This space is reserved for the company that makes the largest jump in overall rankings. Amaya placed 150th in Branham's overall listing of ICT companies, up from 257th the previous year.
Amaya also ranked second in Branham's Top 10 Growth Companies category. The Company's 2011 revenues of $18.4 million were up 204% from $6.0 million in 2010. Amaya has completed two significant acquisitions in the past year with the purchase of Chartwell Technology Inc. in 2011, and more recently, the purchase of CryptoLogic Limited.
"We are pleased to receive this recognition for the rapid growth of our business," said David Baazov, President and Chief Executive Officer of Amaya Gaming Group. "Amaya has the right technology platform at the right time to take advantage of a growing opportunity in the regulated gaming space around the world. With our continued penetration in this market and our recent purchase of CryptoLogic, we expect to build on our momentum in 2012."
About the Branham300
For nearly 20 years, the Branham300 has highlighted the top Canadian and Multinational ICT companies operating in Canada, as ranked by revenues. It illustrates the depth and breadth of innovative technologies developed in Canada and is widely considered to be a leading source of intelligence on Canada's ICT industry. The Branham300 is published annually in the April issue of Backbone Magazine (www.backbonemag.com), as well as on the Branham300 website, www.branham300.com.
About Amaya Gaming Group
Founded in 2004, Amaya Gaming Group Inc. is a technology based gaming provider for the regulated gaming industry. An expansive global organization, present in North America, Latin America, Europe, Africa and Asia, Amaya is an innovator in the gaming world.
Headquartered in Montreal, Canada, Amaya provides a host of services and solutions that range from: online and mobile gaming casino games and platforms, traditional and mobile lotteries, networked electronic gaming systems, hospitality in-room entertainment systems, management systems, content suites, advisory and management services, and integrity monitoring and auditing systems for the regulated gaming markets. For more information please visit www.amayagaming.com or www.amayaonline.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."
For further information:
Mr. David Baazov
President and Chief Executive Officer
Amaya Gaming Group Inc.
North America: 1-866-744-3122
The Equicom Group
416-815-0700 ext. 261