Tag Archives: Amaya

The new betting ecosystem: sharks, fish, whales and the trawlermen – part 2

Are schools of bloated sharks an accepted cost of doing business? In the second and final part of this series, Kevin Dale navigates through the choppy waters of minimum bet liabilities, player restrictions, volume incentives, premium charges and how to adapt to the new ecosystem. _____________________________ Amongst the player to player, or P2P models, pools companies have welcomed winners for …

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Amaya promotes David Carrion to Director of Marketing for PokerStars

Updating the market, Toronto-listed Amaya Inc has confirmed the promotion of David Carrion to the leadership position of Director of Marketing for its PokerStars division. Carrion has been involved with PokerStars marketing and operations since 2010, joining the online poker room under the management of Rational Group. Carrion has worked on a number of international expansion projects for the PokerStars …

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Amaya governance proposes name change to ‘The Stars Group Inc’

Further to publishing its Q1 2017 trading update, Amaya Inc governance has informed investors that it has moved to propose a corporate name change to ‘The Stars Group Inc’. The Toronto-listed gambling group informs that its proposed name change to The Stars Group will be voted on at the upcoming annual shareholders meeting. Further to the name change, Amaya governance …

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Amaya Inc declares strong start to 2017 as company records all-metric growth

Toronto-listed online gaming group Amaya Inc has declared a strong start to 2017 as the company progresses on its product diversification strategy. Updating the market on its Q1 2017 performance (period ending 31 March), Amaya governance would declare ‘all-metric’ growth across its core reporting benchmarks, as the company records $317 million in group revenues. The operator reports that its online poker …

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Amaya confirms appointment of William Hill’s Robin Chhabra

Chhabra - Copyright: stocking / 123RF Stock Photo

Amaya has confirmed the appointment of William Hill’s Group Director of Strategy and Corporate Development Robin Chhabra, who is expected to make the move in September 2017. Following a brief garden leave from William Hill, Chhabra will fill the newly created position of Chief Corporate Development Officer at Amaya, reporting to company CEO Rafi Ashkenazi. Ashkenazi commented: “Robin Chhabra’s deep …

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David Baazov continues share sale of Amaya equity

Former Amaya Inc Chief Executive David Baazov has reduced his shareholding in the Toronto TSX-listed firm to just 3.8% of common shares following the disposal of 12 million shares over the past two days. Updating the market, Amaya informed that Baazov had sold 12 million shares at a target price of CAD $22.31, netting their former leader CAD $268 million …

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BetStars launches $1 million fantasy sports promotion

The BetStars Sports Jackpot is the latest by way of promotion from BetStars and it’s putting $1 million (£815,000) into it. Following the ‘Spin & Bet’ feature last year, it’s the latest attempt at trying something different from Amaya, the company behind BetStars, and this time it focuses on fantasy sports. The new game is described as: “A reimagined sports …

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Daniel Sebag retires as CFO of Amaya Inc

Further to today’s corporate update on its revised full-year 2016 guidance, the governance of Toronto TSX-listed Amaya Inc has informed stakeholders and the media that Daniel Sebag has retired from his leadership role as Chief Financial Officer (CFO). Sebag leaves Amaya following ten years’ service as Amaya’s first ever CFO. Announcing his departure, Amaya governance stated that Sebag had played a …

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Aspire Global launches full suite of games from Play’n GO

Aspire Global has announced a strategic agreement to launch the full suite of games from Swedish supplier Play’n GO across its network. The agreement, which represents another stage in the company’s development, includes popular titles from Play’n GO such as Gemix, Book of Dead, Cloud Quest and 7 Sins. Galit Shani-Michel, VP Product at Aspire Global, said: “After the launch …

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Baazov cites shareholder ‘premium’ demands for Amaya bid failure

David Baazov has walked away from his bid to take control of Amaya, the gambling operator he has been instrumental in building over the last few years. In a release issued to the media, Baazov claimed: “The decision to terminate my attempted acquisition of Amaya was not an easy one. I retained a full suite of advisors, arranged committed financing, and engaged in constructive negotiations with Amaya’s …

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