Tag Archives: dubai

Baazov commits to Amaya takeover bid despite backer put-down

SBC News Baazov commits to Amaya takeover bid despite backer put-down

David Baazov has confirmed that he is still committed to his planned CAD $6.7 billion takeover of Toronto TSX-listed Amaya Inc, despite this week’s news that perceived Dubai-based backer KBC Aldini Capital had ‘no involvement whatsoever’ with Baazov’s acquisition. Publishing a statement, Baazov representatives detailed that the former Amaya CEO had received an ‘equity commitment letter’ purporting to be from …

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Baazov Amaya bid in turmoil as Dubai backer claims ‘no involvement whatsoever’

SBC News Baazov Amaya bid in turmoil as Dubai backer claims 'no involvement whatsoever’

The proposed CAD $6.7 billion acquisition of Amaya Inc by former Chief Executive David Baazov, has been thrown into question following reports that Dubai-based private equity firm KBC Aldini Capital has denied being involved in Baazov’s takeover of Amaya assets. On 14 November Baazov had penned an official CAD $24 per share (30% premium) for Amaya assets. Baazov who is …

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RMG extends Dubai Racing Club coverage

SBC News RMG extends Dubai Racing Club coverage

Racing broadcast specialist RMG has announced that  its online and retail customers in North, Central and South America and the Caribbean, will have access to live pictures and the opportunity to wager into official pools on races at Meydan Racecourse after having secured exclusive rights to offer races at the Dubai World Cup Carnival The broadcast  agreement, which lasts until the …

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Racecourse Media Group signs broadcast agreement with Meydan Group Dubai

SBC News Racecourse Media Group signs broadcast agreement with Meydan Group Dubai

Racecourse Media Group (RMG) has announced that it has signed a distribution agreement with Meydan Group LLcC for full broadcast of Dubai Racing fixtures. The broadcast package includes 20 fixtures per year, and will be headlined by the $30 million Dubai World Cup card in March. RMG coverage of Dubai Racing fixtures will begin in November, with exclusive coverage from …

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Sheikh Hamdan donates $6 million Dubai World Cup win purse to autism charity

Dubai Crown Prince Sheikh Hamdan bin Mohammed will donate his $6 million win purse from the Dubai Racing World Cup to the Dubai Autism Centre. On Saturday Sheikh Hamdan saw a surprise win for the Dubai owned Godolphin stables as old runner Prince Bishop won the Dubai World Cup principal meeting at the Meydan Racecourse. Prince Bishop ridden by Danish/British …

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