Tag Archives: Amaya

Amaya to repurchase stock and review B2B business divisions

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 …

Read More »

Amaya’s California igaming coalition gets stronger

The Amaya Group has attracted another California gaming group to join a growing partnership to run an online poker operation in the US state should it ever be legalised. San Manuel Band of Mission Indians has agreed to join the existing business agreement between the Morongo Band of Mission Indians, California’s three largest card clubs – the Commerce Club, the …

Read More »

Baazov wants to retain Rational’s core values

Amaya CEO David Baazov wants the Rational Group, parent company of PokerStars and Full Tilt Poker, to continue to focus on its ‘core values’ of ‘integrity, customer focus, and challenge’. Amaya has just invested US$4.9bn completing the acquisition of Isle of Man-headquartered Rational Group Ltd. Baazov commented: “We are extremely pleased to have completed this acquisition. Through PokerStars, Full Tilt …

Read More »

Amaya in as lead sponsor for GiGse

Organisers of GiGse and the Social Casino Summit are pleased to announce that the Amaya Gaming Group will be returning as the lead sponsor of the 14th annual Global iGaming Summit & Expo (GiGse) from July 14 to 16, 2014 at the Hyatt Regency in San Francisco. GiGse, co-located with the Social Casino Summit, is North America’s largest and most …

Read More »

Rational Group commits to the Isle of Man

The Department of Economic Development has welcomed the announcement that PokerStars has committed its future to the Isle of Man following its planned takeover by Amaya Gaming Group Inc. General Counsel to the Rational Group of Companies Paul Telford has written an open letter to the Chief Minister reiterating the company’s commitment to the Isle of Man. Leonard Singer MHK, …

Read More »

Amaya to snap up $4.9bn PokerStars

Amaya Gaming Group has agreed a sensational US$4.9bn (£2.9bn)  deal to acquire The Rational Group, operator of the world’s biggest online poker brands PokerStars and Full Tilt Poker. The deal is backed by Blackstone Group LP’s credit division, GSO Capital Partners, which will buy more than $600 million in convertible preferred shares and other securities. Deutsche Bank, Barclays and Macquarie …

Read More »

Amaya signs content partnership with Playcherry.

Amaya Gaming Group Inc. (“Amaya” or the “Corporation”) (TSX: AYA), an entertainment solutions provider for the regulated gaming industry, is pleased to announce that it has entered into a licensing agreement (the “Agreement”) with Cherry AB subsidiary PlayCherry Ltd. to provide online casino gaming content to its popular European gaming portals Euroslots.com, Cherrycasino.com and Spilleautomater.com. Under the Agreement, players on …

Read More »

Amaya releases The Zombies slot

Amaya Gaming Group Inc. (“Amaya) (TSX: AYA), the online gaming industry’s innovative provider of entertainment solutions for the regulated gaming industry, has today announced the release of its hotly anticipated slot game – The Zombies. When an idyllic suburban Zombie family runs into trouble with a wacky band of uncivilized Walkers, a heavily immersive and entertaining slot game is born. …

Read More »

Amaya loses Marvel gaming titles

Igaming software supplier Amaya Gaming has requested to its igaming operator clients that they withdraw all Marvel themed slots from their casino product inventory. Amaya’s supplier licensing deal with entertainment studio Disney is set to come to an end. Disney owners of the Marvel Studios, wish to distance the studio and its popular franchises from gambling products. Due to its …

Read More »