Tagged Amaya Gaming

Absolute Poker’s Scott Tom takes $300,000 plea deal in Black Friday indictment case

July 19, 2017

Latest Casino and Gambling News, Money Laundering, Poker, Costa Rica, Online Gambling News, Fines, Lawsuits & Litigation

Eleven of the 12 defendants from the U.S. Department of Justice’s “Black Friday” crackdown on April 15, 2011, have now resolved their cases with the Department of Justice (DOJ) as the founder and co-owner of Co...

Amaya Gaming set to relocate headquarters and change corporate name

Sadonna Price

June 25, 2017

Latest Casino and Gambling News, Canada

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 ...

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 ...

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...

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...

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...

Former PokerStars employee pleads guilty to operating illegal gambling business

Sadonna Price

October 14, 2016

Latest Casino and Gambling News, U.S.A., Online Poker, Fines, Lawsuits & Litigation

Yesterday, Paul Tate, a former employee of PokerStars, plead guilty to operating an illegal gambling business. Tate is an individual involved in an extensive case in the United States against the iPoker industr...

Ongame Network to close for good this October

Sadonna Price

September 28, 2016

Latest Casino and Gambling News, Gaming Industry News, Online Poker

In the past, the Ongame Network was a top contender when it came to online poker gaming. The network is now reportedly preparing to shut down. Pokeroff.ru is a poker affiliate based in Russia that has claimed t...

iPoker legislation continues to stall in California due to tribal conflicts

Sadonna Price

September 2, 2016

Latest Casino and Gambling News, Tribal Gaming, Poker Law, Online gambling regulation, Online Poker, California

The state of California continues to have issues in regards to efforts being made to legalize online poker based on disagreements between tribes. Prominent tribes in the state are divided on key provisions whic...

David Baazov resigns fully from all positions within Amaya Gaming

Sadonna Price

August 14, 2016

Latest Casino and Gambling News, Employment & Careers, Financial Fraud

After taking a leave of absence in March due to insider trading charges, David Baazov has now announced he will no longer be holding any position within Amaya Gaming. On Friday, Amaya Gaming announced that Rafi...

Michigan has informational hearing to discuss legalizing iPoker games

Renee Kingsley

May 5, 2016

Latest Casino and Gambling News, Online gambling regulation, Online Poker, Michigan

The state of Michigan held a 90 minute informational hearing on May 4 to discuss the possibility of legalizing the online poker industry. Members from the Senate’s Regulatory Reform Committee discussed the Lawf...

Not guilty plea filed by David Baazov on insider trading charges

Sadonna Price

May 4, 2016

Latest Casino and Gambling News, Quebec, Fines, Lawsuits & Litigation

On Monday, it was announced that the former CEO and Chairman of Amaya Gaming, David Baazov, pled not guilty to charges of insider trading, according to the Autorité des marchés financiers. The Quebec securities...

Renewal of approval granted to Amaya Gaming for online gambling in New Jersey

Sadonna Price

April 2, 2016

Latest Casino and Gambling News, Online Poker, Licenses, New Jersey

Amaya Gaming first received approval to offer PokerStars and Full Tilt gaming to players located in the state of New Jersey via online gaming sites back in September of 2015. The approval was granted on the 30t...

Class action lawsuit filed in the US against Amaya Gaming amidst inside trading scandal

Sadonna Price

April 1, 2016

Latest Casino and Gambling News, U.S.A., Fines, Lawsuits & Litigation, New York

After the announcement of Amaya Gaming CEO David Baazov being charged with insider trading, it has now been announced that a class action lawsuit has been filed in the United States against the Canadian company...