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Tag Archives: Amaya Gaming

Canada – Amaya to buy back stock and divest assets

Amaya Gaming is to buy back some of its own stock via a normal course issuer bid (NCIB) with the plan being to separate its B2B assets to focus on maximising its PokerStars brand. Amaya said it will buy back and cancel up to 5,399,631 common shares, accounting for five per cent of the public…

Canada – Amaya investigated over PokerStars purchase

Amaya Gaming has revealed it is cooperating with Canadian authorities in Quebec as part of an investigation into its $4.9bn purchase of PokerStars earlier this year. Media reports have said that the officials from the federal Royal Canadian Mounted Police and the Financial Markets Authority visited Amaya’s Montreal headquarters to investigate trading activity during the…

Canada – NYX snaps up Amaya’s Ongame

As it prepares for a public listing on the Toronto Stock Exchange, NYX Gaming Group has bought the Ongame Network from Amaya Gaming Group. Matt Davey, CEO of NYX Gaming Group, said: “The addition of Ongame is a perfect start to our strategic plans for continued growth in Europe and the United States. Ongame has…

Canada – Amaya considers options with Cadillac Jack

In a move that will spark rumours it is about to sell, Amaya Gaming Group has initiated a strategic review process to explore alternatives for its B2B land-based gaming solutions business, Cadillac Jack. The strategic review will consider various alternatives for the company identified by Amaya’s and Cadillac Jack’s executive management, with the fundamental objective…

Canada – Transformative quarter ends on the up for Amaya

In what should prove one of its most historic ever quarters, Amaya Gaming saw revenue for the three month period ended June 30, 2014 up to $42.45m compared to $37.25m for the three month period ended June 30, 2013, representing an increase of 14 per cent. This was driven by an increase in gaming machines…

US – Amaya signs up as lead sponsor at GiGse

Organisers of GiGse and the Social Casino Summit are pleased to announce that the Amaya Gaming Group will be returning as the lead sponsor of the 14th annual Global iGaming Summit & Expo (GiGse) from July 14 to 16, 2014 at the Hyatt Regency in San Francisco. GiGse, co-located with the Social Casino Summit, is…

Canada – Amaya increases offer of shares to fund Rational takeover

Amaya Gaming is upsizing a previously announced offer of convertible preferred shares with the net profits being used to help finance the $4.9bn buy out of the Rational Group, owner of PokerStars and Full Tilt Poker, announced earlier this month. The size of the offering was increased by $50m to approximately $180m from the previously…

Canada – Amaya buys PokerStars for $4.9bn

Amaya Gaming is to buy Rational Group; the world’s largest poker business and owner and operator of the PokerStars and Full Tilt Poker brands, from Oldford Group for US$4.9bn. The deal will result in Amaya becoming the world’s largest publicly-traded online gaming company. The online poker platforms PokerStars and Full Tilt Poker are collectively the…

Canada – Amaya and Novomatic to continue online partnership

Amaya Gaming has renewed its licensing deal with Greentube in a deal that will see the continued distribution of Novomatic games to Amaya. The deal will allow licensees in regulated jurisdictions to access 28 premium Novomatic titles via Amaya’s casino gaming system. Under the terms of the agreement, Amaya will continue to offer a wide…