MONTREAL, June 25, 2013 /CNW/ - Amaya Gaming Group Inc. (TSX.V: AYA), an entertainment solutions provider for the regulated gaming industry, today announced that its wholly owned subsidiary Cadillac Jack and the California Nations Indian Gaming Association (CNIGA) have entered into an agreement for Cadillac Jack to become the provider of Wide Area Progressive (WAP) gaming products to CNIGA's member tribes. The agreement received a unanimous vote of approval from the executive board of CNIGA.
"Cadillac Jack's WAP products have built a loyal player following, generating impressive jackpots and providing consistent revenue on casino floors," commented Lee Acebedo, Executive Director for CNIGA. "We at CNIGA are extremely excited to introduce Cadillac Jack's quality WAP products to our 23 tribal members and their players."
CNIGA was founded in 1988 as a non-profit organization comprised of federally-recognized tribal governments. CNIGA is dedicated to the purpose of protecting the sovereign right of Indian tribes to have gaming on federally-recognized Indian lands. It acts as a planning and coordinating agency for legislative, policy, legal and communications efforts on behalf of its members and serves as an industry forum for information and resources.
"The California expansion of Cadillac Jack's WAP products is affirmation that our commitment to the development of one of the most successful WAP programs in Tribal gaming has been realized," said Mauro Franic, COO for Cadillac Jack. "To date, more than $10 million in jackpot prizes have been awarded and many more millions generated for our customers."
ABOUT CADILLAC JACK
Cadillac Jack, a wholly owned subsidiary of Amaya Gaming Group Inc., is a leading supplier of products and technology for the global gaming market. Cadillac Jack provides games and systems to the Class II, Class III and commercial gaming markets in the US, Mexico, and other select international jurisdictions. The company designs, manufactures, and markets a comprehensive range of products that include server-based and stand-alone video reel slots, wide area and multi-level progressives, and slot management systems. In addition to its North America headquarters in the metro Atlanta area (Duluth, GA), Cadillac Jack maintains international sales and service locations throughout Mexico. More information may be found at www.cadillacjack.com.
Amaya provides a full suite of gaming products and services including casino, poker, sportsbook, platform, lotteries and slot machines. Some of the world's largest gaming operators and casinos are powered by Amaya's online, mobile, and land-based products. Amaya is present in all major gaming markets in the world with offices in North America, Latin America and Europe. Amaya recently acquired Cryptologic, a pioneer within online casino, Ongame, a leader within online poker, and Cadillac Jack, a successful slot machine manufacturer. 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.
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