Amaya secures online gaming license for the Dominican Republic
28 February 2011
MONTREAL, Canada -- (PRESS RELEASE) -- Amaya Gaming Group Inc., an entertainment solutions provider for the gaming industry announced today that it has secured a license to operate online gaming in the Dominican Republic. The Dominican Republic is the second largest Caribbean nation with an estimated population of 10 million people.
Amaya's online gaming offering includes slot games as well as table games like Blackjack, Roulette, Sicbo, Craps and Baccarat in addition to peer-to-peer games such as online poker. The online gaming site is expected to be launched by Q3 2011.
"We are extremely pleased to have secured this license to operate online gaming in the Dominican Republic. We believe our extensive gaming library and technological capabilities have been key deciding factors in securing this license. As one the fastest growing segment of the entertainment industry, online gaming still represents a significant untapped market segment for Amaya" mentioned Mr. David Baazov, President and Chief Executive Officer of Amaya.
Commenting on the granting of the online gaming license, Mr. Conrado Abud, Director of Casinos for the Ministry of Finance of the Dominican Republic said "Based on our investigations and due diligence, we have decided to authorize Amaya with the only license of its kind to operate online gaming in the country. As such, this is a sector of the gaming industry that is rapidly developing in an illegal way. Amaya was granted the license to redirect this already existing but illegal gaming activity to a site that is secure, legal and trustworthy."