The Amaya Gaming group in Montreal has shed another subsidiary as part of its strategy to concentrate on internet and mobile gaming, confirming that it has entered into a sales agreement with AGS for Cadillac Jack, a slots manufacturing company. AGS is associated with fund management group Apollo Global Management LLC, which has about US$160 …
Citing consolidation within the gaming machine supplier industry, Amaya Gaming has announced that it is to strategically review the potential alternatives for its B2B land-based gaming solutions subsidiary Cadillac Jack, and has engaged the services of Macquarie Capital and Deutsche Bank Securities as co-financial advisors to assist in the project. Amaya CEO David Baazov said …
Canadian gaming provider Amaya Gaming Group has completed the outright purchase of gaming machine supplier Cadillac Jack for a consideration of $ 177 Million, financing the transaction through a combination of cash on hand and a $110 Million non-convertible senior secured term loan secured by Cadillac Jack’s assets. “The acquisition of Cadillac Jack is a …