David Baazov facing fresh insider trading charges

Article by - - filed under Amaya, Business.

david baazov being interviewed at a show

David Baazov, former CEO of Amaya Inc. will face charges of insider trading and market manipulation charges in Montreal, Canada. The man behind one of the most outrageous deals in gambling history, the $4.9bn takeover of Pokerstars in 2014, is to appear in front of prosecutors in a trial brought by Quebec’s security regulator, the… Read more »

Playtech rumoured to be considering joining Amaya takeover

Article by - - filed under Amaya, Business, Playtech.

playtech office reception

The online gambling industry rumour mill has been buzzing this week following reports that gaming software company Playtech could be tempted into a joint takeover of Amaya. This follows speculation in the poker media that David Baazov is looking to acquire Amaya with the help of investors and other interested parties. This would take the… Read more »

Amaya Gaming’s Montreal offices raided by police

Article by - - filed under Amaya.

Amaya Gaming office

The Montreal-based headquarters of gambling software firm Amaya Gaming was raided by Canadian police this week, according to reports in the Canadian media. The Royal Canadian Mounted Police and Quebec’s financial market regulators Autorite des Marches Financiers carried out the surprise raid on the gaming firm this past Wednesday with insurance firm Manulife Financial and… Read more »

Amaya Gaming and Playtech in early takeover talks with bwin.party

Article by - - filed under Amaya, Business, Online Casinos.

bwin.party office

Amaya Gaming and Playtech have been reported to have opened early stage partnership and potential takeover talks with the operator bwin.party this week. A statement released by bwin.party confirmed that the company was in first phase talks “with a number of interested parties regarding a variety of potential business combinations with a view to creating… Read more »

Amaya Gaming plays down acquisition rumours

Article by - - filed under Amaya, Online Slots, Random.

gamingslots

Online slot and software provider Amaya Gaming released a statement playing down rumors that the company is set to acquire another firm after sharp increase in its share prices were reported this week. It was confirmed that Amaya Gaming share prices had increased by 5% on the Toronto Stock Exchange yesterday afternoon fueling speculation that… Read more »