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

GVC Holdings offers GBP 900 million for bwin.party

8 Jul 2015

The Financial Times has expanded on the GVC Holdings announcement in May this year that it had combined with Amaya to make an acquisition proposal for Bwin.Party Digital Entertainment. The FT report Tuesday is being widely quoted in the British business media and claims that the two companies have offered GBP 900 million (about US$ …

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Canadian newspaper probes Amaya insidre dealing allegations

17 Jun 2015

The Canadian newspaper Globe and Mail has been conducting its own probe into the insider trading allegations surrounding Amaya Gaming’s acquisition of Pokerstars parent Rational Group last year, and appears to have developed an in-depth knowledge of the individuals involved and the investigative progress of the Quebec financial regulator running the official investigation, the Autorite …

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Amaya Gaming off to a good start on Nasdaq

9 Jun 2015

Pokerstars and Full Tilt parent group Amaya Gaming successfully debuted on the Nasdaq exchange in the United States Monday, closing at US$25.99 under the trading symbol AYA. The company’s common shares will continue trading in Canadian dollars on the Toronto Stock Exchange, the firm said, explaining that it has additionally listed on the Nasdaq to …

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Amaya in content deal with Danish online casino

3 Jun 2015

Amaya Gaming Group, in partnership with Connective Games, has struck a content supply deal with Dutch-facing Spillehallen.dk The deal not only covers a portfolio of Amaya Gaming’s proprietary game titles but includes those from other third-party developers. “We have experienced great success within the Danish market as a direct result of an excellent gaming platform …

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Russian partnership for Amaya Gaming

3 Jun 2015

Russia-based online gambling platform provider Connective Games together with Amaya Inc have partnered with Danish-facing online casino Spillehallen.dk, providing operator with access to proprietary slot games, along with offerings from third-party games developers. Originally a manufacturer of land-based slot machines for the Danish market, Spillehallen.dk is a Danish-language online gambling operator, licensed by the Danish …

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Amaya issues update on AMF investigation

1 Jun 2015

Amaya has updated on the ongoing investigation into its business interests by the Quebec securities regulatory authority, the Autorité des marchés financiers (the AMF), concerning its Oldford Group acquisition on June 12, 2014. Amaya confirmed that the investigation involves employees of Amaya, including chief executive officer David Baazov and chief financial officer Daniel Sebag, but …

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Amaya Gaming Group given Nasdaq approval

27 May 2015

Amaya Gaming Group will begin trading on the Nasdaq Global Select Market on June 8, 2015. The Nasdaq Stock Market LLC (“Nasdaq”) approved the listing of Amaya’s common shares under the symbol “AYA”. The company’s common shares will also continue trading on the Toronto Stock Exchange under the symbol AYA. “Our listing on the Nasdaq …

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Bwin boss set to earn a fortune

25 May 2015

Norbert Teufelberger, the chief executive of the troubled and currently up for sale Bwin Party Digital Entertainment online gambling group, could be in the money big time if a successful acquisition of the company goes through. Since last November the group has been on the sales block, and has confirmed that it is in talks …

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GVC confirms Amaya partnership in bwin.party bid

19 May 2015

GVC Holdings issued a press statement Tuesday morning confirming that its acquisition bid for Bwin Part Digital Entertainment is in partnership with the Canadian online gambling group Amaya Inc. “GVC confirms that the execution of this proposal would be jointly financed by GVC and Amaya, Inc.,” the statement advises. Amaya as at the close of …

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Big money in bwin bids

19 May 2015

The Reuters news agency has updated the available information on the projected sale of Bwin Party Digital Entertainment, reporting that around $1.7 billion could be involved in attempts to take the company over. In a new report, the news agency reports that the much-publicised GVC Holdings Euro 1.5 billion bid is in concert with Canada’s …

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Major revenue increase in Q1 for Amaya Gaming

15 May 2015

The Montreal-based Amaya Gaming online gambling group has posted a significant rise in revenue and adjusted profit for Q1-2015, principally due to the performance of its $4.9 billion Pokerstars-Rational Group acquisition. Amaya has been selling or spinning off its non-core subsidiaries in recent months, disposing of B2B operations like Diamond Game, Chartwell Technology, CryptoLogic Limited …

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Amaya complete spin off of Diamond Game

6 May 2015

Amaya Gaming Group’s newly formed spin-off Innova Gaming Group Inc. successfully completed an initial public offering (IPO) and a secondary offering of its common shares to begin trading on the Toronto Stock Exchange this week. Immediately prior to the completion of Innova’s I.P.O., the entity acquired all of the shares of Diamond Game Enterprises (DGE), …

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Amaya unbundles further non-core assets

9 Apr 2015

Online gambling group Amaya Gaming has again made good on its undertakings to shed non-core assets, announcing the sale this week of software developers  Amaya (Alberta) – formerly Chartwell Technology – and Cryptologic to NYX Gaming Group for a consideration of Cdn$ 150 million satisfied through a share purchase agreement. The transaction is anticipated to …

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Amaya again claims it has done nothing wrong

9 Apr 2015

The Montreal-based online gambling group Amaya Gaming has again issued a statement protesting its innocence following the publication of redacted search warrant documentation associated with an enquiry into trading around the company’s $4.9 billion acquisition of the Rational Group being carried out by the AMF – Quebec’s securities regulator. In a further statement this week …

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Spectacular year for Amaya Gaming

31 Mar 2015

Montreal-based and Toronto-listed online gambling group Amaya Gaming captured mainstream headlines Tuesday with an eight-fold increase in quarterly adjusted earnings, and an announcement that it intends to seek a secondary listing on Nasdaq. Management advised shareholders that the company aims for growth in its core poker business (the Rational group acquired last year for $4.9 …

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Amaya Gaming offloads Cadillac Jack

30 Mar 2015

The Amaya Gaming group in Montreal has shed another subsidiary as part of its strategy to concentrate on internet and mobile gaming, confirming that it has entered into a sales agreement with AGS for Cadillac Jack, a slots manufacturing company. AGS is associated with fund management group Apollo Global Management LLC, which has about US$160 …

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Amaya to spin off lottery and games subsidiary

27 Mar 2015

The Montreal-based online gambling group Amaya Gaming has announced that it is to spin off its Diamond Game Enterprises subsidiary through an initial public offering of the newly formed Innova Gaming Group. Amaya acquired Diamond Game Enterprises last year for US$25 million , a company which designs, develops, produces, markets and services games, systems and …

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Italian tax hassle impacts Amaya share price

13 Mar 2015

The disclosure by the Italian financial police earlier this week that it was investigating a Euro 300 million possible tax evasion case against Amaya Gaming – Pokerstars subsidiary Halfords Media Italy (see previous report) created international ripples that negatively impacted the group’s share price, driving it down a significant 8 percent at one point. Whilst …

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Online gambling a missed opportunity

7 Mar 2015

With Canadian interest in online gambling high in the wake of the massive Amaya Gaming agreement to acquire the Rational Group last year, one stock broker missed the boat and admitted as much this week. In a conference call Friday following stock broker GMP Capital’s fourth quarter results, CEO Harris Fricker was asked why his …

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Latest on Amaya trading probe

7 Mar 2015

A financial adviser and friend of Amaya Group chief executive David Baazov, Toronto investor and accountant Yoel Altman, is one of the people the Quebec securities regulator Autorité des marchés financiers (AMF) is interested in, according to a Globe and Mail newspaper update on the Amaya-Rational Group acquisition deal probe Friday. Our readers will recall …

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American regulators enquiring into Amaya-Rational Group deal

12 Feb 2015

Concerns around the $4.9 billion Rational Group acquisition deal pulled off by the Montreal-based online gambling group Amaya Gaming continue to ricochet around in financial circles, with a report in the Globe and Mail newspaper that the US private self-regulator the Financial Industry Regulatory Authority (FINRA) is taking an interest in the run-up to the …

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New Jersey pop-up was a screw-up, Amaya confirms

24 Jan 2015

More light has been shed on last week’s accidental publication of a pop-up advertising new real-money mobile gambling services to Full Tilt players in New Jersey (see previous  reports). Full Tilt’s parent group, Amaya Gaming, has confirmed communication chief Eric Hollreiser’s earlier statement that the pop-up was in error, adding: “We have been developing a …

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Ontario online gaming chief quits for Amaya Gaming

22 Jan 2015

George Sweny, formerly the head of interactive business and charitable gaming affairs at the Ontario Lottery and Gaming Corporation has been appointed by Montreal-based online gambling group Amaya Gaming as Vice President of Strategic Ventures. Sweny joined the Ontario Lottery Corporation in 1975 and held several top management posts. During a stellar career he was …

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Canadian stock exchange accolades for Amaya Gaming

21 Jan 2015

Montreal-based online gambling group Amaya Gaming Inc. has been selected as the Toronto Stock Exchange Tech Stock of the Year, and chairman and CEO David Baazov honoured as TSX Tech Executive of the Year by Cantech Letter. The awards recognise excellence and achievement in Canadian technology companies as voted on by a panel of independent …

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