Search

On the search for "Amaya" we found the following results:

Does Playtech have acquisition plans for Openbet or Amaya?

24 Feb 2016

Media reports in the Sunday Times and investment publication Motley Fool this week quoted an anonymous source who speculated that Playtech could be eyeing Openbet and possibly Amaya with a view to an acquisition move. The reports noted that Playtech has an expansion strategy, along with a cash pile of $600 million and easy access …

Read now

Amaya lodges appeal on Kentucky dispute

23 Feb 2016

Online gambling group Amaya Inc. has issued an update on its legal struggle with the Commonwealth of Kentucky, reporting that it has filed a notice of appeal against the previously announced December 23, 2015 Kentucky trial court order for damages against its subsidiaries (see previous reports) and has posted a US$100 million supersedeas bond to …

Read now

Metric Gaming in Golf deal with Amaya

30 Jan 2016

Sportsbook platform provider Metric Gaming has entered into an end-to-end golf pricing agreement with Amaya Inc.’s sportsbook BetStars. Metric will provide pre-game, live and SuperLive golf pricing feeds to Amaya’s recently launched sportsbook with provision in the deal to extend its SuperLive feed product to a variety of other sports. “In many ways golf is …

Read now

Amaya appoints legal affairs exec

26 Jan 2016

Amaya Gaming Group has appointed Eric Frank as Director, Legal Affairs. Prior to this appointment, Frank was an associate at the law firm Duane Morris LLP for close on seven years and has also spent time as an associate with Wolf Block, Archer & Greiner, P.C. and Legislative Aide. Frank’s past expertise lies in gaming …

Read now

Adjusted guidance from Amaya points to mixed expectations

21 Jan 2016

Online gambling behemoth Amaya Inc., published an update today (Thursday) to its 2015 full-year financial guidance as previously announced on November 10, 2015. Amaya said it anticipates full year 2015 revenues and adjusted earnings per share at the upper end of previous guidance, but that the adjusted net leverage ratio may fall within the lower …

Read now

Amaya gets off lightly in Italian tax settlement

13 Jan 2016

Amaya Inc. issued a statement Wednesday revealing that it has paid Euro 5.9 million as a full and final settlement with Italian tax authorities to resolve a previously disclosed Pokerstars tax dispute (see previous reports). The Italian Guarda di Finanz originally estimated that approximately Euro 85 million was owed by a subsidiary of Amaya related …

Read now

Amaya names its sports betting agency

8 Jan 2016

Boulder, Colorado-headquartered advertising and creative agency Crispin Porter + Bogusky has been engaged by Amaya to market the company’s new sports betting venture BetStars. A member of publicly traded MDC Partners, the agency currently employs around 700 people and has offices in Coconut Grove, Florida, Los Angeles, California, London, England, Sao Paolo, Brazil, Gothenberg, Sweden, …

Read now

Amaya officially launches Betstars brand

19 Dec 2015

Amaya, the parent group for Pokerstars, announced the launch of its new sports betting brand, BetStars in select jurisdictions on Friday, identifying its domains as Betstars.com, Betstars.eu and Betstars.uk, and advising that mobile operations are now offered through dedicated iOS and Android applications. “This is the next stage of development of PokerStars’ new sportsbook offering, …

Read now

Amaya rated third on Deloitte Technology Fast 50TM

24 Nov 2015

Amaya Inc. has ranked third on Deloitte’s Technology Fast 50TM and 23rd on the Technology Fast 500TM, the first time the company has appeared on either rankings. Now it its 18th year, the Deloitte Technology Fast 50TM combines technological innovation, entrepreneurship and rapid growth when recognising the 50 fastest growing Canadian technology companies measured by …

Read now

Glimpse into future of Amaya

11 Nov 2015

Amaya Inc., parent company of PokerStars and FullTilt, released its latest earnings call this week revealing future plans for the business that include its confirmed expansion into sports betting . Amaya said plans for 2016 include the launch of PokerStars New Jersey, the launch of its sports betting product BetStars and the possibility of an …

Read now

Dedicated online sportsbetting website from Amaya imminent?

7 Nov 2015

Claiming exclusive knowledge, the publication Gambling Invest has revealed that Amaya subsidiary The Rational Group, parent of Full Tilt and Pokerstars, has secured .com and other domains featuring the BetStars brand as it moves toward a new branded and dedicated identity in the online sportsbetting market. The publication reports that the domain BetStars.com previously hosted …

Read now

Amaya reacts to DFS furore

19 Oct 2015

Amaya Inc. said Monday it will limit its daily fantasy sports (DFS) brand StarsDraft from real-money games and tournaments in most U.S. states following pending reviews in a number of jurisdictions (see previous  reports). “We have previously called for state regulation and licensing of DFS to ensure consumer protection and strict government oversight of operators,” …

Read now

Amaya pulls daily fantasy sports subsidiary out of Florida

13 Oct 2015

Media sources in Florida speculated Monday that the withdrawal from the state of Amaya’s StarsDraft daily fantasy sports operation was motivated by last week’s news that a Grand Jury had been convened in Tampa to examine DFS activity (see previous reports). StarsDraft players reported receiving an email advising the exit and commenting: “For now, we …

Read now

Amaya calls for regulation in daily fantasy sports sector

8 Oct 2015

Online gambling group Amaya Inc., which recently entered the daily fantasy sports sector with its StarsDraft (formerly Victiv) site, has commented on the need for state regulation of the sector in a statement this week following the “insider” furore involving a DraftKings employee. Eric Hollreiser, communications chief for the group, which also owns Pokerstars and …

Read now

Amaya shares surge on New Jersey news

1 Oct 2015

The announcement that online gambling group Amaya Inc. and its subsidiaries Pokerstars and Full Tilt have been cleared for operations in the regulated and licensed New Jersey online gambling market triggered a surge in the company’s share price Thursday, taking the stock to its highest level in 15 months. The stock jumped 15 percent to …

Read now

Amaya to sponsor Canadian start-up function

24 Sep 2015

Canadian online gambling giant Amaya Inc. has announced that it is to become the major sponsor for the Start-up Open House scheduled for Montreal, Toronto, and Vancouver on October 29 and in Waterloo and Quebec City on November 5. The event is designed to bring together Canadian business and the public to promote small Canadian …

Read now

Amaya launches new daily fantasy sports operation

4 Sep 2015

The Montreal-based online gambling group Amaya Inc., has wasted no time in re-branding and relaunching its Victiv daily fantasy sports betting acquisition (see previous report) under the new identity StarsDraft, which launched Thursday. Amaya has retained the services of the experienced original management of Victiv in its venture into the booming DFS sector, although it …

Read now

Amaya reports a positive second quarter and half-year

13 Aug 2015

Online gambling group Amaya Inc., has posted positive second quarter and half-year 2015 results to end June, reporting a period of growth, with the following highlights: * H1-2015 revenue grew to $656.9 million (H1-2014: $624.7 million; * Adjusted EBITDA in the period reached $279.5 million (H1-2014: $248 million; * Adjusted net earnings rose from $170.4 …

Read now

Amaya moves on daily fantasy sports ambitions

13 Aug 2015

Pokerstars and Full Tilt parent group Amaya Inc., has moved forward on its announced intention to enter the booming daily fantasy sports sector, acquiring the Texas-based DFS operation Victiv and  revealing that it plans to rebrand the asset as StarsDraft. The current Victiv team will manage Amaya’s DFS business, launching at StarsDraft.com in select U.S. …

Read now

High 5 Games coup signs Amaya Group for content

13 Aug 2015

Online and mobile gambling games developer High 5 Games is to supply its products to the Amaya Group, which includes major online operators like Pokerstars and Full Tilt. The company’s games will roll-out on these sites in the third and fourth quarters. The deal caps a growing penetration into European markets for High 5, which …

Read now

Amaya completes sale of Chartwell and Cryptologic to NYX Gaming

31 Jul 2015

The Montreal-based online gambling group Amaya Inc. has advised that it has completed the sale of subsidiaries Chartwell Technology and Cryptologic to the NYX Gaming Group, which has agreed to pay $150 million in cash and shares for the two veteran online gambling firms. Based on the terms of the deal, NYX takes full ownership …

Read now

Amaya announces re-financing arrangements

30 Jul 2015

The Montreal-based online gambling group Amaya Inc., has announced a planned debt refinancing initiative designed to reduce its debt burden. “Amaya intends to refinance certain of its outstanding long-term indebtedness which it incurred to partially finance the August 1, 2014 acquisition of the PokerStars and Full Tilt businesses,” a company statement advises. “The Corporation expects …

Read now

Former Amaya sales exec to join Gamesys

23 Jul 2015

Nick Wright, former business-to-business director of sales and marketing operations at Pokerstars parent group Amaya Gaming, has been appointed to the senior management team at Gamesys, charged with framing global corporate and business development strategies. Wright makes the change after just over a year with Amaya, prior to which he spent six years as sales …

Read now

Quebec court lifts ban on publication of AMF investigation into Amaya

13 Jul 2015

According to The Globe and Mail newspaper, the Quebec court has lifted a publication ban on an updated search warrant by the Autorité des marchés financiers (AMF), a Canadian-government mandated financial regulator, into Amaya Inc. The investigation, reportedly triggered by a whistle-blower, delves into alleged widespread trading of Amaya Inc. stock ahead of its acquisition …

Read now