Search Results for: "amaya"

Amaya Gaming set to relocate headquarters and change corporate name

June 25, 2017

Amaya Gaming is the owner behind the PokerStars brand and several other online gaming businesses. Within the past year, the company has faced hard times and as a result, is seeking to evolve by relocating to a ...

Amaya appoints new Chief Technology Officer

K Morrison

June 16, 2017

Latest Casino and Gambling News, Technology, Mergers, Acquisitions & Partnerships

Leading provider of technology-based products and services, Amaya Inc. (NASDAQ: AYA ), announced Wednesday that it has appointed former technology consultant for Partis Solutions, Jerry Bowskill, as its new Chi...

Baazov sells $100 million-worth of Amaya shares

Alex Lanter

March 10, 2017

Latest Casino and Gambling News, Economy/Finance

Former CEO of Amaya Gaming, David Baazov, held a press release this week to announce that he is selling a 7-million batch of Amaya shares worth $99 million to use for “investment purposes”. The sale would see B...

Amaya strikes deferred payment deal with former PokerStars owners Scheinbergs

Alex Lanter

January 10, 2017

Latest Casino and Gambling News, Canada, Online Poker, Economy/Finance, Mergers, Acquisitions & Partnerships

Canadian online and land-based gaming company, Amaya Gaming, have recently announced that they’ve finally outlined an agreement with Isai Scheinberg and his son Mark over the 197.7 million in deferred payments ...

David Baazov cancels proposed purchase of Amaya Incorporated

Adam Morgan

December 20, 2016

Latest Casino and Gambling News, Ontario, Online Gambling News, Mergers, Acquisitions & Partnerships

In Canada, entrepreneur David Baazov has abandoned his $6.7 billion deal to purchase Amaya Incorporated amid accusations that some shareholders had been demanding higher-than-expected premiums for their stakes ...

Amaya investor questions David Baazov’s source of funds for acquisition

Renee Kingsley

December 7, 2016

Latest Casino and Gambling News, Online Poker, Mergers, Acquisitions & Partnerships

Canadian based Amaya Inc is currently considering an acquisition proposal submitted by David Baazov, the former chairman and chief executive officer. Baazov sent in a proposal last month offering C$24 per share...

Only two investment firms associated with Amaya takeover bid according to Baazov

Sadonna Price

November 26, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships

David Baazov has had to back track somewhat after announcing a takeover bid for the company he founded, Amaya Gaming. The former CEO of the company, Baazov announced his plans a few weeks ago and mentioned four...

KBC Aldini Capital Ltd. denies part of Baazov’s Amaya acquisition; Baazov confirms no involvement

Lars Jones

November 23, 2016

Latest Casino and Gambling News, Canada, Online Poker, Economy/Finance, Mergers, Acquisitions & Partnerships

On Tuesday Amaya shares fell nearly 10 percent at one point and closed 6 percent lower on news that Dubai-based KBC Aldini Capital Ltd. has claimed they have no involvement with Amaya Inc. founder David Baazov...

Baazov Offers C$3.5 Billion to Buy Amaya

Alex Lanter

November 15, 2016

Online gaming software, Latest Casino and Gambling News, Canada, Game manufacturers, Online Poker, Mergers, Acquisitions & Partnerships

David Baazov, former CEO and Chairman of Amaya Gaming has made an official bid to buy the Canadian gaming and gambling company to a total price of C$3.48 billion, or C$24 per share. His bid is a 30.9 percent pr...

William Hill decides not to pursue merger with Amaya Inc after majority shareholder objects

Renee Kingsley

October 20, 2016

Latest Casino and Gambling News, Poker, Mergers, Acquisitions & Partnerships

UK bookmaker William Hill and Canadian based Amaya Inc released a joint statement earlier this month confirming that the two companies were in talks for a possible merger. The joint statement relayed that while...

British Columbia MLA Criticized For Amaya Investment

Alex Lanter

October 20, 2016

World Casino News, Online gambling regulation, British Columbia

Jordan Sturdy, a British Columbia MLA found himself under heavy criticism this week after his updated public disclosure statements were picked up by Business in Vancouver on Tuesday. As the portal reports, amo...

William Hill Investor writes letter to board opposing move to merge with Amaya Inc

Renee Kingsley

October 17, 2016

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

UK bookmaker William Hill and Canadian based Amaya Inc released a joint statement last week confirming that both companies were in discussions for a possible merger that would be based on a merger of equals. Wh...

Canadian based Amaya Inc and UK based William Hill in talks for possible merger

Renee Kingsley

October 9, 2016

Latest Casino and Gambling News, Canada, Quebec, Mergers, Acquisitions & Partnerships, United Kingdom

William Hill is one of the most well known bookmakers in the world and operates the biggest network of betting outlets in the United Kingdom, while Amaya Inc, the parent company for PokerStars, the biggest onli...

Evidence against former Amaya boss David Baazov questioned

Adam Morgan

September 15, 2016

Latest Casino and Gambling News, Canada, Financial Fraud

In Canada, the former Chairman and Chief Executive Officer for online gaming firm Amaya has reiterated his innocence on charges of insider trading following an admission by Quebec’s securities watchdog that it ...

Evidence mounts against former Amaya boss David Baazov

Adam Morgan

September 8, 2016

Latest Casino and Gambling News, Canada, Online Gambling News, Conspiracy

In Canada, one of the financial watchdogs looking into allegations of insider trading involving David Baazov, the former Chairman and Chief Executive Officer for online gaming firm Amaya, has reportedly identif...