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
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 …
Read More »PokerStars rollouts Sportsbook product in beta
Amaya Gaming subsidiary poker operator PokerStars has begun to rollout its sports betting product in beta mode, as the operator looks to launch it’s an integrated online betting service by April 2015. PokerStars has announced beta rollout on 31st of March The long awaited launch of PokerStars betting vertical is set to come with the release of the operator PokerStars …
Read More »Amaya Gaming eyes fantasy sports entry in 2015
During yesterday’s 2014 earnings call Amaya Gaming CEO David Baazov indicated that the company was exploring entry into the burgeoning US fantasy sports market. Baazov indicated that Amaya views a great cross over fit between Poker and daily fantasy sports consumers. Baazov stated that the company would look to launch fantasy sports operations by the second half of 2015, targeting …
Read More »PokerStars powers Amaya Gaming’s 2014 corporate performance
Reporting on its first ever annual performance after acquiring poker operators PokerStars and Full Tilt from Rational Group, Amaya Gaming recorded increased corporate revenues of CAD $688 million up 371% from 2013 CAD $145 million (pre PokerStars & Full Tilt acquisition). The introduction of Rational Group poker operations to its services has seen Amaya record adjusted EBITDA earnings of CAD …
Read More »Amaya agrees sale of Cadillac Jack to AGS for CAD $476 million
Toronto listed Amaya Gaming Plc has confirmed that it has entered a definitive agreement for the sale of slot manufacturer Cadillac Jack to AGS an affiliate of fund management firm Apollo Global Management LLC. Amaya Gaming has agreed to sell its subsidiary slots manufacturer for a reported CAD $476 million (+ £265 million), as the company chooses to focus its …
Read More »Amaya products and services receive UKGC approval
Toronto listed Amaya Gaming has confirmed that its online gambling subsidiary brands PokerStars and Full Tilt have been granted licenses from the UK Gambling Commission (UKGC), allowing for the operators to service online poker and additional digital gambling products to UK consumers. Both Amaya brands had serviced the UK market under a white-listed Isle of Man gambling licenses, prior to …
Read More »Evolution Gaming powers PokerStars live gaming environment
iGaming technology provider Evolution Gaming has created an extensive dedicated live gambling environment that will power PokerStars’ move into Live Casino. The launch also sees PokerStars become the first licensee to go live with Evolution’s recently introduced multi-camera Immersive Lite studio installation. The PokerStars-branded Live Casino area at Evolution’s Riga studios is big news, with nine live tables, it’s the …
Read More »Warwick Bartlett on tax – The Only Way is Up
Warwick Bartlett, CEO of Global Betting and Gaming Consultants, discusses how government’s approach taxation means that rates are more likely to go up than down. The most pleasing sight at ICE 2015 was to see some of the younger companies which two years ago took the smallest booths are now spending upward of £250,000 on impressive stands. Such companies have …
Read More »Shaz Mirza heads up PokerStars mobile services
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 …
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