Amaya to sell Cadillac Jack subsidiary to Apollo for $476 mln: Reuters

Amaya Gaming Group Inc has agreed to sell its Cadillac Jack subsidiary that makes slot machines and electronic bingo games for casinos to an affiliate of U.S. private equity firm Apollo Global Management for $476 million, Reuters reported. Montréal-based Amaya, which is pivoting to focus on the fast-growing online gambling market, said the deal is expected to close this year.

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