Tag Archives: Toronto

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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Amaya Inc declares strong start to 2017 as company records all-metric growth

Toronto-listed online gaming group Amaya Inc has declared a strong start to 2017 as the company progresses on its product diversification strategy. Updating the market on its Q1 2017 performance (period ending 31 March), Amaya governance would declare ‘all-metric’ growth across its core reporting benchmarks, as the company records $317 million in group revenues. The operator reports that its online poker …

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Strengthened NYX Group seeks to establish its position as leading industry player in 2017

Publishing NYX Gaming Group’s full-year 2016 fiscal results, CEO Matt Davey has stated that his firm is prepared to lead industry omni-channel solutions and technology having significantly grown its operations through strategic M&A during a transformative year for the Toronto TSX-listed business. Presenting FY 2016 results, an enlarged NYX group would report corporate revenues of CAD $164 million (£93 million), …

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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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Jackpotjoy Plc debuts on London Stock Exchange

The London Stock Exchange (LSE) welcomed its latest gaming/betting listed enterprise Jackpotjoy Plc this Wednesday. Debuting on the London exchange as the ‘world’s largest online bingo operator’ Jackpotjoy Plc, formerly Toronto TSX-listed Intertain Group closed its first day of LSE trading securing a share price of 645p. Headed up by new Chief Executive Andrew McIver, JackpotJoy had first stated its …

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NYX OpenBet wins contract to revamp New Zealand Racing Board’s FOB platform

Toronto TSX-listed NYX Gaming has confirmed that it has secured an agreement with the New Zealand Racing Board (NZRB) to deliver a bespoke fixed odds betting platform through its OpenBet technology subsidiary. Updating the market, OpenBet development teams will work with NZRB with aim of automating and revamping its ‘largely manual fixed odds’ betting services.  NZRB stated that a new …

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Amaya ups 2016 revenue & earnings guidance but warns of 2017 currency impacts

The governance of Toronto TSX-listed Amaya Inc has this morning issued an update to the firm’s full-year 2016 guidance, adjusting upwards its top-line metrics for revenue and earnings results. In its latest trading update, Amaya governance details that FY 2016 revenues will range between $1.153-1.158 billion, as compared to its previous guidance of $1.137-1.157 billion. Further positives see Amaya governance …

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Intertain sets target date for LSE listing

Issuing a corporate statement Intertain Group Limited (Intertain), has announced that it expects its full listing on the London Stock Exchange under new entity ‘Jackpotjoy Plc’ to take place on Wednesday 25 June. The company had first announced its intention to migrate its corporate listing from the Toronto TSX to London’s LSE in August 2016. Presenting plans to its investors, …

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Amaya hires Bo Wänghammar as PokerStars casino MD

Toronto TSX-listed Amaya Inc has confirmed the appointment of Bo Wänghammar to the senior management position of PokerStars Casino Managing Director, as the operator seeks to continue its aggressive expansion of new product verticals in 2017. An industry veteran Wänghammar joins PokerStars from European igaming operator Mr Green & Co where he held number of Executive management positions including CEO of …

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Amaya restructures deferred Rational Group payments for 2017

Following a review of its financing options, the governance of Toronto TSX-listed Amaya Inc has confirmed that it will pay its $197.7 million balance relating to the deferred purchase price for acquired Rational Group assets (2014) throughout the course of 2017. Updating investors, Amaya governance detailed the changes to its payment plan which was due for 1 February 2017. The …

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