On the search for "Amaya" we found the following results:
Amaya Gaming’s much speculated launch of an online sportsbook for its subsidiary Pokerstars (see previous reports) will take place in Q1 2015, with preparations already ahead of schedule, a business update from Amaya revealed Wednesday revealed. The sports betting product will launch within the Pokerstars poker client in at present unspecified legal markets, which will …
Canadian gaming firm Amaya Gaming Group said in a trading update Monday that it intends “exploring strategic opportunities” to divest its B2B assets including gaming solutions business, Cadillac Jack Inc. and Diamond Game. The company confirmed it is currently evaluating non-binding proposals from unnamed potential buyers for its Cadillac Jack Inc. business. Amaya will use …
Shares in the Montreal-based online gambling group Amaya Gaming Inc. plummeted 18 percent Friday after the company confirmed that Quebec’s securities regulator has launched an investigation into trading activity surrounding the $4.9 billion acquisition of PokerStars parent The Rational Group. Amaya’s offices were visited by members of the Royal Canadian Mounted Police and officials from …
Reports in the respected publication Forbes indicate that a posse of Canadian police and financial investigators made “unannounced” visits this week to the Montreal head office of the Amaya Gaming company, which recently paid $4.9 billion to acquire Pokerstars parent Rational Group (see previous reports). Entities involved in the visits included the Royal Canadian Mounted …
Amaya Gaming CEO David Baazov has told reporters covering his company’s outstanding latest financial results (see previous report) that Amaya plans to invest heavily in developing its own sports betting product, using some third party components. It appears that work is already well advanced, with the launch of a sports book planned for subsidiary Full …
Amaya Gaming’s $4.9 billion acquisition of the Rational Group, parent of Pokerstars and Full Tilt, is clearly having a major impact on the Montreal-based company’s performance, judging by its latest third quarter results posted this week. Highlights of the performance included: * Revenue soared from C$39 million in Q3-2013 to C$239 million – a six …
Content agency Accesswire reports from Canada that the country is rapidly becoming a key player in the online gambling industry, enjoying growth of 7 to 10 percent annually and generating market value of around C$30 billion. The fact that confusion remains over the legality of online gambling in Canada makes the impressive development of Canadian …
Amaya Gaming Group’s Ongame Poker Network has reportedly withdrawn real-money services from the same 30 markets it exited its PokerStars and Full Tilt Poker operations from earlier this week. According to PokerFuse, Ongame skins Betsson, Poker Heaven, PAF, RedKings and Redbet are among those who ceased to offer real-money games as of October 1, 2014. …
Amaya Gaming Group was added to the S&P/TSX Composite Index effective at market opening on Monday, September 22, 2014. The index comprises approximately 250 Canadian corporations which represent the largest businesses on the Toronto Stock Exchange.
Montreal-based online gambling group Amaya Gaming has posted its Q2-2014 report for the three months ended June 30, highlighting financial and operational developments that include: * Q2-2014 revenue up 14 percent at Cdn$42.45 million (Q2-2013: Cdn$37.24), driven mainly by an increase in gaming machine sales through the Cadillac Jack subsidiary; * H1-2014 revenue rose by …
Last week’s approval by shareholders of Amaya’s takeover of the Oldford-Rational group and its market-dominant online poker subsidiaries Pokerstars and Full Tilt largely completed the conditions necessary for the sale but represent just the beginning of a potentially massive international future for the company. Major obstacles envisaged for the $4.9 billion takeover, due to complete …
Amaya Gaming shareholders were asked for – and gave – their approval for the Oldford-Rational Group acquisition deal Wednesday at a special general meeting called by the company. The acceptance of the deal by shareholders is an important step forward in the acquisition process and follows the regulatory approval obtained earlier this week (see previous …
All required approvals from gaming regulatory authorities who currently licence Rational Group Limited have been received, Amaya Gaming Group said today (Tuesday). While the company said it had also received conditional approval from the TSX regarding the proposed acquisition, the completion of the deal is subject to Amaya shareholder approvals which will be sought during …
Montreal-based online gambling group Amaya Gaming Group Inc. announced Monday that a selection of its online casino games has been launched on Full Tilt Casino to bolster the site’s expansion into internet casino gaming. Amaya and Full Tilt parent The Rational Group have entered into a licensing agreement under which Amaya has integrated its Casino …
Amaya Gaming, the Toronto-listed online gambling group that recently agreed to acquire the Rational Group, parent of Pokerstars and Full Tilt Poker, has indicated that it is considering a dual listing on either the London or New York stock exchanges. The Reuters news agency reports that the disclosure, which has not yet been directly confirmed …
All eyes will be on the performance of the Amaya Gaming group shares on the Toronto market Monday to see if the stock’s outstanding performance achieved last week can be sustained. Local media report that following the news that the Montreal-based firm had agreed to buy the Pokerstars and Full Tilt parent company The Rational …
The $4.9 billion acquisition of Pokerstars and Full Tilt Poker parent The Rational Group by Montreal-based Amaya Gaming has set the online gambling industry buzzing, and details now emerging include: * The consideration of $4.9 billion is to be delivered as follows: $2.1 billion in senior secured credit facilities; $800 million in senior secured second …
The Rational Group, parent company of Full Tilt Poker and the world’s largest online poker provider, Pokerstars, has been acquired by the Canadian gaming group Amaya Gaming for $4.9 billion in cash. The two companies confirmed the deal late Thursday after trading on Amaya was halted following persistent rumours of a sale that had been …
Las month’s rumours of an acquisition deal featuring Amaya Gaming and the Isle of Man online poker giant The Rational Group (see previous reports) returned with a vengeance Thursday following a Bloomberg business news report quoting two insiders who revealed that an agreement is imminent. Blackstone Group LP’s credit business, GSO Capital Partners LP, is …
Amaya Gaming Group has renewed its licencing deal with Novomatic-Group owned Greentube Alderney Limited for the continued distribution of 28 premium titles for another two years. Under the terms of the new agreement, GreenTube will make six fresh titles available for distribution on Amaya’s casino gaming system. “This extended agreement reflects our dedication to providing …
Amaya Gaming Group posted a response to what it terms “trading activity that may stem from market rumours that have come to the company’s attention regarding a potential strategic acquisition”, without making any specific mention of PokerStars (see previous report). Amaya said it regularly evaluates potential acquisition opportunities which may lead to discussions with potential …
Soaring share prices and a remarkable trading volume on Amaya Gaming late Friday – the stock surged almost 14 percent to close at $10.25 on trading volumes five times the normal daily average – have triggered speculation that something positive is on the go at the online gambling software provider. With rumours circulating rapidly despite …
Amaya Gaming Group Inc. will provide online casino content to Cherry AB subsidiary PlayCherry Ltd in a licensing agreement inked this week. Players on PlayCherry’s European gaming portals Euroslots.com, Cherrycasino.com and Spilleautomater.com will gain access to a selection of games available on Amaya’s Casino Gaming System platform comprising online and mobile slots, video poker and …
Amaya Gaming’s latest interactive slot release is titled “The Zombies”, a 50-payline game that introduces Amaya’s new ‘Pick a Spin’ feature. The feature allows players to choose between Easy play or Power play, options that control the game volatility. “We are extremely excited about the launch, which delivers a similar multiple demographic appeal as a …