Whither Cadillac Jack?

Amaya Gaming initiates strategic review of alternatives for B2B subsidiary

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 Monday:

"In light of recent consolidation within the gaming machine supplier industry, we believe that this is an appropriate time to review and evaluate potential strategic alternatives for Cadillac Jack that may further maximize value for our shareholders."

Cadillac Jack provides electronic games and systems to the Class II, Class III and commercial gaming markets in the US, Mexico, and other select international jurisdictions.

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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