Amaya Gaming to Sell Off B2B Assets

Amaya Gaming Group announced on Mondays its plans for “exploring strategic opportunities” to divest its B2B assets Cadillac Jack Inc. and Diamond Game.

Amaya is currently reviewing proposals for Cadillac Jack Inc.

The funds from the sale will go toward debt and/or repurchase and cancel common shares that it considers undervalued.

“Amaya believes that its current share price does not reflect the underlying value of the Corporation, and that purchasing shares for cancellation will increase the proportionate interest of, and be advantageous to, all remaining shareholders,” according to a company statement.
  • Jade lcb

    jade

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    This is very interesting to me. The slot games I use to play in the convenience store were all Cadillac Jack Inc. These were nudge machines. They have lost there popularity here where I live. Our state lottery became involved. They now receive some of the proceeds from these machines. I would love to see some of those games online. I do wonder what is going to become of them.

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