Wednesday, October 21, 2020

Tag: Daniel Sebag

Amaya hikes yearly earnings forecast after strong Q4

Betting Business Amaya Gaming
Following a difficult and often controversial year for the company, Amaya has come back fighting with a strong fourth quarter and a six-percent hike in its year-long adjusted earnings forecast.   The Canada-based firm, which owns and runs PokerStars, the world’s largest online poker brand, had been mired in discussions with ex-CEO and co-founder David Baazov over a potential takeover for...

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...

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