Former Amaya CEO David Baazov has offered C$3.48 billion ($2.56 billion) to privatize the Canadian-based online gaming giant Amaya Inc. Previously, William Hill got into talks with Amaya about a potential merger; however, an important investor prevented this partnership. Image credit: CBC Former Amaya CEO David Baazov has offered a deal worth C$3.48 to privatize […]
David Baazov’s corruption affair was one of the top issues of the last days. Baazov, the chairman of Amaya Inc., was charged with insider trading and stock prices manipulation. After the financial chaos around the company, David Baazov obviously needs a leave of absence. The company leader was accused of insider trading during the past […]
This week’s Quote Roll is highly influenced by the latest online gaming developments. Legalization of daily fantasy sports betting in the USA is still blocked by a big question mark. PokerStars returns back to New Jersey while FanDuel and DraftKings leave New York State. There have been significant developments regarding DFS regulations in the US, […]
Amaya Gaming’s shares have increased nearly 30% after the chairman of the company – David Baazov – announced that he wants to take the business private in an all-cash $2.8-billion deal. According to Baazov’s statement released on Monday, in which he said, he is “in discussions” with an unnamed group of investors, with whom he intends […]
Following some time now, the PokerStars New Jersey deal has finally come into fruition. PokerStars has been given approval by the gaming authorities to offer their services to the New Jersey market. Division of Gaming Enforcement of New Jersey stated that it gave authorization for Amaya Gaming, parent company of PokerStars and FullTilt, to enter […]
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