Tag Archives: Amaya Gaming

PokerStars (Amaya Gaming) Italian operations have been accused by the Guardia di Finanza (financial police), of “wilfully eroding” Italian generated income revenues to offshore jurisdictions such as the Isle of Man and Malta. Italy’s financial police have begun an investigation against PokerStars’ Italian business branch Halfords Media Italy, accusing the company of not declaring on more than €300 million on …

The US based Financial Industry Regulatory Authority (FINRA), is investigating Toronto listed Amaya Gaming with regards to potential insider trading. The probe relates to Amaya Gaming’s rapid stock rising prior to the announcement of its $4.9 billion acquisition of the Rational Group (PokerStars and Full Tilt). FINRA who aim to protect investors by monitoring financial trading and securities industries, is …

Amaya Gaming operators of leading industry poker operator PokerStars has announced the appointment of former GTECH Interactive Director of Mobile Shaz Mirza as PokerStars’ Director of Mobile Services. Mirza will lead the strategy of PokerStars mobile product development. Mirza will additionally be in charge of user experience on PokerStars mobile channels as the operator looks to optimise its user engagement …

Friday 13 February marked a black day for Gibraltar based operator bwin.party, who lost almost 20% of its FTSE value as news reached traders that corporate suitors were no longer interested in its business. The FTSE 250 listed igaming and sports betting operator would see its shares take a hit of 18.95P to 83.55p by end of trading on Friday …

Scott Longley, Editorial Director of Regulus Partners, looks at Amaya Gaming’s acquisition of Rational Group, as igaming’s new giant looks to enter the US and awaken a thus far lacklustre market. Does a leveraged Amaya Gaming justify its hype?  Hyperbole and online gambling are inextricably linked. From the very first inception of the form, online gaming has surfed a wave of …

Amaya Gaming Plc has announced plans to repurchase (buy back) approximately 5% of its public float in 2015, as the company looks to maximise long-term shareholder value. Amaya who purchased online poker leader Rational Group in 2014 in a leveraged $4.9 billion acquisition, will look to cancel up to 5.4 million common shares which the operator will fund through proceeds …

In its December magazine, Forbes has profiled Amaya Gaming Group CEO David Baazov, detailing his bold 2014 acquisition of privately held poker operator Rational Group (owners of PokerStars and Full Tilt). The magazine labels the young CEO of Amaya Gaming Group, as the new ‘king of online gambling’ having pulled off an incredible industry coup. The profile piece written by …

Big year, better year? The past twelve months have witnessed some of the biggest deals in the history of the e-gaming industry, despite a regulatory and taxation backdrop of unprecedented challenge and change, across the globe. Consolidation continues, and it already seems likely that next year will see more of where the large get larger, the middle gets squeezed and …

UK TV personality and European Poker Tour champion Victoria Coren-Mitchell has terminated her sponsorship deal with PokerStars. Coren-Mitchell citied the introduction of casino product to its inventory as the reason for the termination of her representation of PokerStars. Coren-Mitchell made a statement announcing the termination through her blog – VictoriaCoren.com.   “On Friday night, PokerStars.com announced that it will be …

Amaya Gaming CEO David Baazov, outlined the importance of sports betting for his company’s future growth strategy. Speaking to investors after reporting Amaya Gaming’s Q3 results, Baazov confirmed that the operator would continue to “invest heavily” in developing a proprietary sports betting product. Baazov outlined that Amaya would look to launch a sportsbook for its Full Tilt brand in the …