Tag Archives: full tilt

Amaya merges Full Tilt & PokerStars liquidity into ‘centralised network’

SBC News Amaya merges Full Tilt & PokerStars liquidity into 'centralised network’

Amaya Inc has confirmed that it will migrate players from subsidiary brand Full Tilt onto a shared poker network with its leader product PokerStars. The player migration which will be actioned on 17 May, will see Full Tilt and PokerStars merge their ‘poker player liquidity’. In February, Amaya governance detailed that it would create a shared network for its online …

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Amaya renews New Jersey operations

SBC News Amaya renews New Jersey operations

Updating the market, Toronto TSX listed operator Amaya Inc has informed that it has been granted approval by the New Jersey Division of Gaming Enforcement (DGE) for the renewal of state igaming services for its PokerStars and Full Tilt brands. Amaya renews its New Jersey licensing, which was first granted on 30 September 2015, for the state provisions of PokerStars …

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Amaya expects CEO Baazov to be ‘fully exonerated’ over insider trading charges

SBC News Amaya expects CEO Baazov to be 'fully exonerated' over insider trading charges

Gaming giant Amaya has said it expects its Chairman & CEO David Baazov to be ‘fully exonerated’ after the Quebec securities regulatory authority (AMF) charged him with a number of trading violations as part of a long-running investigation. The AMF has charged Baazov for aiding with trades while in possession of privileged information, influencing or attempting to influence the market price …

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Canadian $ decline and diversification costs impact Amaya 2015 earnings

SBC News Canadian $ decline and diversification costs impact Amaya 2015 earnings

Updating the market on its 2015 Q4 and full-year results, Toronto-listed operator Amaya Inc would declare 2015 group net losses of CAD $25.9 million (£14 million). The operator which is currently subject to a management takeover bid by Chief Executive David Baazov, reported that its corporate earnings performance had been impacted by the decline of the Canadian $ against core …

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Amaya – New Jersey DGE grants approval of PokerStars & Full Tilt brands

SBC News Amaya - New Jersey DGE grants approval of PokerStars & Full Tilt brands

Amaya Inc has this morning announced that the New Jersey Division of Gaming Enforcement (DGE) has approved its operations to offer licensed online gambling services through PokerStars and Full Tilt brands. The long awaited approval marks Amaya Inc’s entry into the US market, a key dynamic for the Toronto listed operators future corporate growth strategy. Amaya brands will be distributed …

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Mark Ody joins Full Tilt as Marketing Director

SBC News Mark Ody joins Full Tilt as Marketing Director

Former Betfair Brand Director Mark Ody has been appointed Marketing Director of Full Tilt, as the online poker brand looks to expand its player services by offering sports betting and casino products. The experienced marketing veteran will join the Amaya Inc owned igaming operator, leading Full Tilt marketing teams, strategy and initiatives. Ody will further be tasked with re-developing Full …

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Amaya reports strong H1 2015 opening as operator restructures long term debt plan

SBC News Amaya reports strong H1 2015 opening as operator restructures long term debt plan

Issuing a 2015 H1 update, Toronto listed Amaya Inc noted that its customers were embracing its non-poker offerings as the operator recorded a 5% increase in group revenues to CAD $ 656 million (2014: CAD $624 million). Amaya the owning company of PokerStars and Full Tilt gaming brands, would record growth on all key metrics for both Q2 and H1 …

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PokerStars acquisition rockets Amaya performance

SBC News PokerStars acquisition rockets Amaya performance

Toronto listed Amaya Gaming the operating company of PokerStars and Full Tilt online gaming brands has reported opening Q1 2015 revenues of CAD $340 million(£180 million) (Q1 2014: CAD $12.8 million) as the operator incorporates the corporate performance of its acquired brands. Amaya Gaming who has sold non -ore assets in early 2015, to concentrate on expanding its PokerStars and …

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NYX Gaming takes Chartwell and Cryptologic businesses for £80m

SBC News NYX Gaming takes Chartwell and Cryptologic businesses for £80m

NYX Gaming Group has snapped up the Chartwell Technology and Cryptologic businesses from Amaya via a share purchase agreement valued at CA$150,000,000 (£80.8m). The transaction is anticipated to close before the end of the third quarter of 2015 and is subject to financing and other customary closing conditions. Amaya said that the sale is consistent with its previously announced plan …

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Amaya maintains innocence over insider trading investigation

SBC News Amaya maintains innocence over insider trading investigation

Amaya has reiterated that it believes the company has done nothing wrong after a Quebec court’s decision to lift the publication ban on the redacted warrant and supporting affidavit for the search of various entities, including Amaya, in mid-December 2014 by Quebec’s securities regulator AMF. The searches were related to the AMF’s investigation into trading in Amaya securities leading up …

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