CryptoLogic launches three new online casino games

Company's star-studded suite of games now includes Captain Nemo and Monte Cristo, an innovative new casual casino slot game

DUBLIN, July 3, 2012 /CNW/ - CryptoLogic Limited, an Amaya Gaming Group company, today announced the launch of two new slot games, Fire Flies, and Captain Nemo, and Monte Cristo,  the industry's first combining the features of a casino and casual game.

These games bring a new level of user experience to online gaming and will initially go live at InterCasino.com. The games will also be made available to CryptoLogic's other licensees with a view to rolling them out on popular gaming sites through 2012 and 2013.

Monte Cristo
The launch of Monte Cristo  ushers in an innovative new game play [style/mechanism]  that combines a traditional five-reel casino slot with the added appeal of an entertaining casual game. A bouncing ball strikes walls to create pathways and open doors to symbols that unlock prizes and bonus games. The goal of this adventure game is to help The Count escape from his wrongful imprisonment and find the hidden treasure.

Captain Nemo
Captain Nemo is a five reel, 25 payline slot offering the chance to win a life-changing jackpot, currently standing at over £750,000. The progressive jackpot is linked to CryptoLogic's award winning Millionaires Club casino jackpot, which has already made eight players instant millionaires. The game, which includes unique bonus rounds where gamers locate prizes and mystery jackpots, will transport you 20,000 leagues under the sea to the magical world of Captain Nemo and the Nautilus.

Fire Flies
Fire Flies is a five reel, 25 payline slot game based on a great backwoods adventure. Go on a camping trip you won't soon forget; cookie-munching bears, trash-digging raccoons, fiery hidden and expanding wilds and a free game bonus round! Roast marshmallows by the open fire as you watch your winnings pile up.

Ian Price, VP Operations at CryptoLogic, said: "CryptoLogic has once again raised the bar by launching exciting new games that enhance the entertainment content and potential jackpot for players while adding value for our customers. These new games will complement our popular suite of casino games and ensure CryptoLogic remains the company of choice for online gaming brands."

CryptoLogic has one of the most comprehensive casino content suites on the Internet, with games featuring some of the world's most famous action and entertainment characters, resulting in multiple industry awards and rave reviews from players.  CryptoLogic's games can be played on some of the world's top online gaming sites, including InterCasino, 888, bwin.party, William Hill Online and many others.

ABOUT CRYPTOLOGIC® (www.cryptologic.com)

Focused on integrity and innovation, CryptoLogic Limited is a leading developer and supplier of Internet gaming software. With more than 300 games, CryptoLogic has one of the most comprehensive casino suites on the Internet, with award-winning games featuring some of the world's most famous action and entertainment characters. The Company's licensees include many top Internet gaming brands. CryptoLogic's leadership in regulatory compliance makes it one of the few companies with gaming software certified to strict standards similar to land-based gaming. The CryptoLogic Group licenses gaming software and services to blue-chip customers that offer their games to non-US based players around the world.  CryptoLogic was acquired by Amaya Gaming Group Inc. of Canada in March 2012.

ABOUT AMAYA GAMING GROUP

Founded in 2004, Amaya Gaming Group Inc. is a technology based gaming provider for the regulated gaming industry. An expansive global organization, present in North America, Latin America, Europe, Africa and Asia, Amaya is an innovator in the gaming world.

Headquartered in Montreal, Canada, Amaya provides a host of services and solutions that range from: online and mobile gaming casino games and platforms, traditional and mobile lotteries, networked electronic gaming systems, hospitality in-room entertainment systems, management systems, content suites, advisory and management services, and integrity monitoring and auditing systems for the regulated gaming markets. For more information please visit www.amayagaming.com or www.amayaonline.com.

CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:

This press release contains forward-looking statements within the meaning of applicable securities laws. Statements in this press release, which are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "estimate", "intend", "may", "will", "would" and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on certain factors and assumptions including expected growth, results of operations, performance, business prospects and opportunities, foreign exchange rates and effective income tax rates. While the Company considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results, performance or achievements of the Company to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Risks related to forward-looking statements include, without limitation, risks associated with the Company's financial condition, prospects and opportunities, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on licensees and key licensees, risks relating to international operations and risks associated with competition. Additional risks and uncertainties can be found in the Company's Form 20-F for the fiscal year ended December 31, 2011 under the heading "Item 3 - Key Information - Risk Factors" and in the Company's other filings with the US Securities and Exchange Commission and Canadian provincial securities commissions. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking statements are given only as at the date of this release and the Company disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.

CryptoLogic Limited
Ian Price, VP Operations
[phone]

For Amaya Gaming Group Inc.
Jeff Codispodi, Equicom
[phone] ext. 261

Luther Pendragon
Neil Thapar, Alexis Gore
[phone]