X0306 4 2014-04-29 0 0001499268 Affinity Gaming NONE 0001492240 Spectrum Group Management LLC 1250 BROADWAY, 19TH FLOOR NEW YORK NY 10001 0 0 0 1 See Remarks 0001578572 Schaffer Jeffrey A C/O SPECTRUM GROUP MANAGEMENT LLC 1250 BROADWAY, 19TH FLOOR NEW YORK NY 10001 0 0 0 1 See Remarks Common Stock, par value $0.001 per share 2014-04-29 4 P 0 10000 10.00 A 2013959 I See footnote These securities are held directly by certain investment funds for which Spectrum Group Management LLC ("Spectrum") acts as investment advisor, and with respect to which Spectrum shares voting and investment control. Jeffrey A. Schaffer (together with Spectrum, "the reporting persons") is the Managing Member of Spectrum. The reporting persons expressly disclaim beneficial ownership of these securities except to the extent of any pecuniary interest therein and this filing should not be deemed an admission of beneficial ownership of such shares for Section 16 purposes or any other purpose. Spectrum Group Management LLC ("Spectrum") and Jeffrey A. Schaffer (together with Spectrum, "the reporting persons") may be deemed to be members of a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act"), with certain other holders (the "Other Holders"), together holding more than 10% of the Issuer's outstanding shares of common stock, as more fully described in the Schedule 13D filed by Spectrum with the Securities and Exchange Commission on June 6, 2013, and as subsequently amended. The reporting persons expressly disclaim the existence of a group, as well as beneficial ownership of the shares of common stock held by the Other Holders, and this filing should not be deemed an admission of beneficial ownership on these points for Section 16 purposes or any other purpose. /s/ Jeffrey A. Schaffer - as Managing Member of Spectrum Group Management, LLC 2015-07-13 /s/ Jeffrey A. Schaffer 2015-07-13