Reporting on its first ever annual performance after acquiring poker operators PokerStars and Full Tilt from Rational Group, Amaya Gaming recorded increased corporate revenues of CAD $688 million up 371% from 2013 CAD $145 million (pre PokerStars & Full Tilt acquisition). The introduction of Rational Group poker operations to its services has seen Amaya record adjusted EBITDA earnings of CAD …
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Toronto listed Amaya Gaming has confirmed that its online gambling subsidiary brands PokerStars and Full Tilt have been granted licenses from the UK Gambling Commission (UKGC), allowing for the operators to service online poker and additional digital gambling products to UK consumers. Both Amaya brands had serviced the UK market under a white-listed Isle of Man gambling licenses, prior to …
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Scott Longley, editorial director at Regulus Insights, analyses the concept of risk for dotcom operators and their investors. The 9% share price fall that prompted Playtech to issue a stock exchange statement late last week was only the most recent example of how listed gambling companies suffer more than most from the financial market phenomenon of risk on/risk off. This …
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Amaya CEO David Baazov wants the Rational Group, parent company of PokerStars and Full Tilt Poker, to continue to focus on its ‘core values’ of ‘integrity, customer focus, and challenge’. Amaya has just invested US$4.9bn completing the acquisition of Isle of Man-headquartered Rational Group Ltd. Baazov commented: “We are extremely pleased to have completed this acquisition. Through PokerStars, Full Tilt …
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The Department of Economic Development has welcomed the announcement that PokerStars has committed its future to the Isle of Man following its planned takeover by Amaya Gaming Group Inc. General Counsel to the Rational Group of Companies Paul Telford has written an open letter to the Chief Minister reiterating the company’s commitment to the Isle of Man. Leonard Singer MHK, …
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Net Entertainment will supply online casino games and services to Full Tilt Poker under an agreement with the The Rational Group, one of the world’s leading online gaming companies. Net Entertainment will provide Full Tilt Poker with a wide range of Net Entertainment’s best in breed mobile and desktop casino games as it builds upon its online casino offering. The …
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