Amaya INC governance has met with shareholders at yesterday’s Annual General Meeting (AGM), discussing the company’s current position regarding the potential management takeover by former CEO & Chairman David Baazov. Company stakeholders remained tight-lipped regarding discussions, disclosing no information to news sources (media were not allowed at the AGM). The AGM was the first meeting between Amaya governance and investors …
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Intertain has announced the appointment of Neil Goulden as its new Chairman of the Board and Andrew McIver as the new CEO. With McIver’s appointment, John Kennedy Fitzgerald has resigned as CEO, and Brent Choi has also resigned from the Board. Neil Goulden has spent the last twenty-five years at the board level within a number of significant gaming and …
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The company behind Counter-Strike: Global Offensive, Valve, has been accused by a player of allowing and facilitating illegal wagering on the game. There are numerous sites in which players can trade and wager skins, that is in-game items, which are worth substantial amounts of money. Sites such as CSGO Lounge, CSGO skins, and CSGO Diamonds allow this trading and Valve …
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Canada’s pro sports betting stakeholders have criticised the NHL (the governing body of US professional ice hockey), stating that its decision to allow a new franchise in Las Vegas was hypocritical. The NHL’s governance has been one of the major roadblocks in allowing lawmakers to pass a single sports betting bill, on grounds of potential integrity impacts to …
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\ Five of Atlantic City’s eight casinos are in fear of operational havoc if union Unite-HERE ‘Local 54’ forces a worker strike on 1 July. Representing a workforce of 10,000 members, the union is seeking employee benefits and compensation by Caesars Entertainment casinos Bally’s, Caesars and Harrahs and the Carl Icahn gambling enterprises of the Taj Mahal and The Tropicana. …
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On Wednesday, National Hockey League (NHL) Commissioner Gary Bettman announced that the league had granted an expansion to include a franchise from Las Vegas. The new team will compete as the 31st team, starting in the 2017-18 season, and become the first expansion team since the Columbus Blue Jackets and Minnesota Wild in 2000-01. To mark this news, we caught …
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US professional sports will come to the state of Nevada as the NHL granted approval for Las Vegas to launch a new expansion franchise aiming to join its league by the 2017/18 season. The NHL Las Vegas franchise proposition received unanimous approval from a review conducted by its Board of Governors greenlighting the project for a Nevada-based franchise. NHL …
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The second season of the FIA Formula E championship, the world’s first all electric motor racing series, has just two races left this campaign with the Renault e.Dams team currently occupying top spot. Formula E has fully embraced esports with open arms this year and back in Easter a deal between it, the ESL and Microsoft’s Turn 10 Studios has seen …
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Daily fantasy sports giant DraftKings has added another string to its bow in the form of TransferKings. This is a part of DraftKing’s UK expansion plans and this will now enable TransferKings UK players to access real money DFS contests. It was previously solely a free to play option. DraftKings Chief International Officer Jeffrey Haas said of the acquisition: “We …
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Updating the market Caesars Entertainment Corporation (CEC) has announced that it has agreed on terms with creditors to amend restructuring agreements for its bankrupt operating division ‘Caesars Entertainment Operating Co’ (COEC). Issuing a filing with the Securities and Exchange Commission, CEC governance declared that it had reached an agreement with first lien creditors representing approximately two-thirds of aggregated COEC debt. …
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