Tag Archives: Amaya Inc

JPJ Group terminates InterCasino and Vera&John’s UK presence

London-listed JPJ Group has confirmed that it will retire its Vera&John and InterCasino brands from the UK market, choosing to focus its home market presence through flagship domain Jackpotjoy. JPJ has communicated to existing UK customers that the online casino brands will be officially shut down on Tuesday 3 September, with the operator no longer accepting new player registrations. “We’ve …

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Positive KPIs see The Stars Group raise 2017 guidance

Updating the market, Toronto TSX-listed The Stars Group (formerly Amaya Inc) has announced that it has raised its full-year 2017 corporate guidance. Based on its current year-to-date performance, The Stars Group governance has detailed to investors that it will now target group corporate revenues of $1.28-1.31 billion, upping its prior forecast of $1.20-1.26 billion. The revised guidance will now see …

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Amaya investors approve ‘The Stars Group’ name change

Following this month’s Annual General Meeting, Amaya Inc shareholders have approved the corporate name change of the company to ‘The Stars Group’. The name change proposition was put forward by Amaya governance last May following the firm’s Q1 2017 trading update. Following a shareholder vote, Amaya governance details that The Stars Group name change has gained outright stakeholder backing. The …

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Amaya Inc appoints Dr. Jerry Bowskill as new technology lead

Toronto TSX-listed online gambling group Amaya Inc, continues the restructuring of its executive leadership team announcing the appointment of Dr. Jerry Bowskill as Chief Technology Officer (CTO) with immediate effect. A seasoned technology infrastructure veteran, Bowskill joins Amaya from industry private consultancy Partis Solutions. Bowskill has further industry technology development and delivery experience having served as Lead Technology Architect for …

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‘Speed & Smarts’ Usain Bolt joins Team PokerStars

Amaya Inc online poker subsidiary PokerStars, has announced Usain Bolt, the world greatest sprint athlete as its new Brand Ambassador. This weekend Bolt announced joining Team PokerStars’ marketing initiative ‘Im All-in’ via his Facebook Page. Bolt, an eight-time Olympic gold medallist, issued a challenge to Team PokerStars comedian and actor Kevin Hart who joined the poker room as an ambassador …

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Amaya Inc appoints Brian Kyle as new CFO

Toronto TSX-listed Amaya Inc has confirmed the appointment of Brian Kyle as its Chief Financial Officer (CFO), replacing the departing Daniel Sebag as group finance leader. Kyle is expected to takeover full CFO duties from 19 June. An experienced 25-year tech enterprise CFO, Kyle joins Amaya from IT operations and software infrastructure specialist Pivot Technology Solutions. “Brian will be a …

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Acquisition ready Amaya Inc hires Robin Chhabra as Group M&A lead

Seeking to boost its industry M&A and commercial competencies, Toronto TSX-listed Amaya Inc has hired former William Hill Group Director of Strategy and Corporate Development Robin Chhabra. As of yet, Chhabra has been given no official executive title, however joining Amaya he will act as corporate M&A lead as the firm’s governance seeks to expand its industry portfolio. An industry financing expert, …

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David Baazov continues share sale of Amaya equity

Former Amaya Inc Chief Executive David Baazov has reduced his shareholding in the Toronto TSX-listed firm to just 3.8% of common shares following the disposal of 12 million shares over the past two days. Updating the market, Amaya informed that Baazov had sold 12 million shares at a target price of CAD $22.31, netting their former leader CAD $268 million …

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Amaya hits ‘record revenues’ despite poker being hit by currency fluctuations

Presenting its full-year 2016 results, Toronto-listed Amaya Inc was pleased to report ‘a record year of revenues’ as the company looks continues to diversify its product portfolio and increase its profile within regulated online gambling markets. Amaya governance would declare full-year 2016 group revenues of $1.15 billion up 8% on corresponding FY 2015’s $1.07 billion. The operator would hit ‘record …

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Quebec AMF sets November date for Baazov ‘insider trading’ case

Canada’s High Court has set a 20 November date for the ‘insider trading’ trial of former Amaya Inc CEO David Baazov by Quebec securities regulator Autorité des marchés financiers (AMF). Baazov faces 23-charges of illegal trades carried out over a six-year period as CEO of Amaya Inc. The AMF states that Baazov and twelve close associates had created a ‘sophisticated network’ …

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