Tag Archives: Amaya Inc

PokerStars has announced that it will be replacing regular heads-up cash games with its Zoom variant as it continues efforts to become more amateur-friendly. As reported by Bluff Europe, the move from the world’s largest online poker site was revealed earlier this week via emails sent to regular heads-up cash game players and has been designed to reduce ‘predatory behaviour’ and ‘enhance the …

Toronto listed Amaya Inc has confirmed the appointment of Barclays Capital Canada to act as corporate financial advisor with regards to the CAD $2.8 billion (£1.4 billion) management buyout proposed by CEO David Baazov. On 1 February Amaya governance confirmed that it had set up an independent committee to asses Baazov’s takeover proposal. The buyout proposal sees Baazov aim to …

Toronto (TSX) listed operator Amaya Inc has today issued a corporate statement detailing that current CEO and Chairman David Baazov has submitted an all-cash deal to takeover the company. Amaya’s Board of Directors will now create a special independent committee to review the forthcoming proposal by Baazov which is estimated to be offering CAD $21 (£10-11) per common share, representing …

Amaya Inc online poker subsidiary PokerStars continues to diversify its multi-media channel output, by announcing that it has launched its free to play Jackpot Poker app for Amazon Fire TV and Fire TV stick devices. The development of the Jackpot Poker app for Amazon, will allow viewers to access PokerStars social gaming app directly from their televisions via the Amazon …

Toronto listed Amaya Inc has confirmed that it has paid €5.9 million (£4.3 million) as a final settlement to the Italian tax authorities. The settlement relates to subsidiary PokerStars ongoing tax dispute with Italian regulators, which had seen the firm investigated by the Guardia di Finanza (Italian Financial Police) in 2015. Italian gambling regulators had claimed that PokerStars had approximately …

UK marketing news source The Drum has reported that Toronto listed operator Amaya Inc has appointed Crispin Porter + Bogusky (CP+B Group) as its lead creative marketing agency for new sports betting brand BetStars.com The appointment of CP+B Group as lead agency, follows last December’s soft launch of the BetStars Version 1 client by subsidiary PokerStars. Amaya governance has continually …

Toronto listed Amaya Inc’s ongoing Kentucky compensation dispute has hit Christmas headlines as Circuit Court Judge Thomas Wingate ups the operators fine to $870 million. Ruling in favour of the state’s compensation claim against Amaya subsidiary PokerStars, in relation to online gambling services offered to Kentucky consumers between 2006 and 2011. Judge Wingate allowed Kentucky State to triple its damages claim …

Having confirmed that subsidiary PokerStars would be launching a standalone betting product, Amaya Inc has today launched BetStars.com version 1 for select jurisdictions. The new brand will operate under the domains Betstars.com, Betstars.eu, and Betstars.uk, and on dedicated iOS and Android applications, marking the initial first stage of Amaya and PokerStars’ entry into the sports betting market. Amaya confirmed that …

Reporting on its Q3 2015 corporate performance (period ending 30 September), Toronto listed Amaya Inc has reported quarter revenues of CAD $325 million (£160 million) up 8% on Q3 2014’s CAD $300 million. Revenue growth would transfer to EBITDA earnings of CAD 141 million (£70 million) for the period, up 8% on Q3 2014’s CAD $ 130 million. Amaya Q3 net …

Industry domain market place GamblingInvest.com (GamblingInvest), reports that Amaya Inc is preparing to launch a dedicated sports betting portal under the brand ‘BetStars.com’. GamblingInvest a specialist broker in gambling focused domains, claims that Amaya Inc under subsidiary Rational Intellectual Holdings has acquired a group of domains all connected with the brand term BetStars.com. The BetStars.com domain was reportedly acquired late …