Tag: Amaya

Poker giants size up sports betting allies

Betting Business - Poker
With poker revenues failing to cut the mustard in 2016, both Amaya and 888 Holdings have declared their appetite for major mergers. Both have a sports betting match firmly in their sights.   Now that 2016’s financials are all out in the open, some of betting and gaming’s biggest beasts are preparing their wares in time for acquisition season. None more...

Amaya and Baazov part ways after acquisition talks

Betting Business, Casino Review, Amaya, David Baazov, resignation
David Baazov, former CEO of PokerStars parent Amaya, has ended his bid to acquire the firm after failing to come to agreement on share price.   Amaya, the owner of the largest online poker network in the world, has confirmed that it has ended talks with former CEO David Baazov over a potential acquisition of the firm. In a statement released to...

Regulating online gaming: A win-win deal

Betting Business, Pokerstars, Eric Hollreiser, Amaya,
With Pokerstars the headline sponsor of this year’s Brazilian Gaming Congress, Eric Hollreiser, vice president of corporate communications for Amaya and PokerStars, offers his perspective on the benefits of regulation in the LatAm region.   Online gaming has become big global business over the last decade and it’s only set to grow larger. We believe that sensible regulation at the federal...

Amaya’s former exec restores confidence in troubled purchase bid

Betting Business. Amaya, PokerStars, David Baazov,
Amaya’s share price went through the wringer again this month as its co-founder ploughs on with his turbulent bid to take the company private. The enigmatic co-founder of PokerStars’ parent company Amaya has restored confidence in his somewhat knotty attempt to take the $6.7bn company private, after one of his named backers denied involvement. David Baazov first made his bid known...

Amaya and William Hill merger talks abandoned

betting business Amaya William Hill
UK bookmaker William Hill and Amaya, the Canada-based online poker giant, have walked away from talks of a possible £4.5bn (E5bn) merger.   Earlier this month, the two companies responded to press speculation by confirming they were in discussions regarding a potential all-share “merger of equals”. “After canvassing views from a number of William Hill’s major shareholders, the board has decided that...

David Baazov officially resigns as CEO of Pokestars’ owner Amaya

Betting Business, Casino Review, Amaya, David Baazov, resignation
Owner of Pokestars and Full Tilt Amaya has confirmed the resignation of David Baazov from the official positions of CEO and Chairman of Amaya, with Rafi Ashkenazi being appointed as the new CEO on a permanent basis.   The firm stated: “Amaya thanks Mr. Baazov for his contributions to Amaya since its inception and through its rapid growth, and looks forward...

Amaya’s Baazov and Sebag to step down as directors

David Baazov Amaya
CEO David Baazov, who is currently under investigation for alleged insider trading, and Daniel Sebag have confirmed that they will not be standing for re-election as directors at Amaya’s upcoming shareholder’s annual general meeting. Meanwhile, the company is still looking for potential buyers.   The chief executive and chief financial officer of Amaya have confirmed that they will be standing down...

Edict provides new casino games to PokerStars and Full Tilt

Dominic Daniel Lienard Edict Gaming Amaya
Edict Gaming has signed a partnership with Amaya, the owner of poker and casino brands PokerStars and Full Tilt, to provide new casino games to their players. Through the new agreement, Edict’s Game Bridge will deliver a new suite of games to players, allowing PokerStars and Full Tilt to easily integrate Merkur slots within their existing game portfolio. This is a...