Amaya Secures Repeat Order For Additional Mosino Units With CGS TRINIDAD Ltd.

Five-year deal guarantees Amaya $2.0 million revenues over five years

MONTREAL, Jan. 11 /CNW Telbec/ - Amaya Gaming Group Inc. (TSX-V: AYA), a pioneer in the field of electronic devices and software for the gaming industry announced today the signing of a second agreement for the deployment of an additional 220 Mosino hospitality entertainment systems with CGS TRINIDAD Ltd. The additional order brings the total number of Mosino units under contract with CGS TRINIDAD Ltd. to 400 across several locations in the Caribbean.

Commenting on this additional milestone with CGS TRINIDAD Ltd., Mr. David Baazov, President and Chief Executive Officer of Amaya stated "we are pleased to have secured a second agreement for the deployment of additional Mosino hospitality entertainment systems with CGS TRINIDAD Ltd. This repeat order further strengthens both our Mosino deployments and recurring revenue base."

Speaking about the repeat order on behalf of CGS TRINIDAD Ltd., Mr. John Charles, Managing Director added, "we are extremely pleased with the additional revenues generated and the positive feedback received from our clients, emphasizing an enhanced experience."

About the Mosino System

The Mosino hospitality entertainment system is a proprietary system allowing hospitality industry participants to offer gaming and other services on a variety of devices, fixed or mobile. The Mosino,

  • Can be loaded with a selection of peer-to-peer or house-banked games;
  • Offers networked or stand-alone play;
  • Is capable of streaming media and targeted advertising; and
  • Provides other interactive services.

About Amaya

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

About CGS TRINIDAD Ltd.

CGS is a casino management company based in the Caribbean with offices in Trinidad & Tobago, Jamaica, Dominican Republic and the United Kingdom.

CGS currently operates ten casinos in the Caribbean and has a range of services to meet the requirements of any casino project worldwide. Their management team comprises of experienced professionals from South Africa, South America, the Caribbean and the United Kingdom.

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, the Corporation 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
Worldwide:1-514-744-3122
http://www.amayagaming.com
 

Investor Relations
Frederic Dumais, Partner
Jasmin-Dumais Financial Communications
514-862-1251
fred@comjamais.com

Organization Profile

AMAYA GAMING GROUP INC.

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