Tag Archives: rational group

Amaya restructures deferred Rational Group payments for 2017

Following a review of its financing options, the governance of Toronto TSX-listed Amaya Inc has confirmed that it will pay its $197.7 million balance relating to the deferred purchase price for acquired Rational Group assets (2014) throughout the course of 2017. Updating investors, Amaya governance detailed the changes to its payment plan which was due for 1 February 2017. The …

Read More »

Guy Templer appointed Chief Operating Officer of Rational Group

Garbo - Copyright: lucadp / 123RF Stock Photo

Guy Templer has been appointed as Chief Operating Officer of Rational Group, the operator of the world’s largest poker business, PokerStars. Templer, who is currently Chief Strategy Officer, will assume the role on January 1 and continue to report to Rafi Ashkenazi, CEO of Amaya and Rational Group. He will be responsible for the day-to-day management of significant parts of …

Read More »

PokerStars launches poker and casino games in Portugal

PokerStars has launched poker and casino games in Portugal, after being granted a local license within Portugal’s recently developed, independent regulatory and licensing regime. PokerStars will offer Portuguese players games such as blackjack and roulette (single and multi-player) on both desktop and all mobile devices. The Amaya-owned company will maintain the highest levels of player fund protection by segregating Portuguese …

Read More »

Rational Group appoints former mybet CEO Zeno Osskó as BetStars lead

Amaya Inc subsidiary Rational Group has confirmed the appointment of Zeno Osskó as Managing Director of BetStars, its online sports betting division. Osskó takes on the leadership of BetStars, having resigned as CEO of Frankfurt Xetra-listed European sports betting operator mybet SE last month. Rational Group management confirmed that Osskó would join its division on 12 September taking on overall …

Read More »

Amaya sounding out investment partners via Barclays

Amaya Inc is still sounding out potential investors as it weighs up the bid for the group led by embattled CEO & Chairman David Baazov, who is currently on a leave of absence from the company as he battles insider trading charges. The firm is also on the hunt for a new leadership team as Baazov and CFO Daniel Sebag have revealed …

Read More »

Baazov may seek rival investment for Amaya takeover

Bloomberg Business News has reported that Amaya Inc CEO David Baazov may look to partner with outside investors in order to fulfil his proposed management takeover of the firm. At present Amaya Inc has appointed a special committee advised by Barclays Capital to review Baazov’s CAD $21 per common share cash offer. Issuing a corporate statement this week, Amaya’s board …

Read More »

Full Tilt joins PokerStars platform

Amaya have announced that Full Tilt will join the PokerStars platform this spring to form one market-leading poker product. Following the merger, each site will retain its own look with a few unique promotions. As reported in Casino News, the two biggest names in poker industry are coming together to form a gaming powerhouse on the biggest online platform in …

Read More »

Baazov submits takeover proposal for Amaya Inc

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 …

Read More »

PokerStars rolls out UK betting product

Amaya Inc igaming brand PokerStars this weekend launched its sports betting product for the UK market, processing sports betting wagers on select markets via the PokerStars 7 client. PokerStars’ sports betting product at present is offering a limited selection of sports markets to its UK player base. Sports betting markets available on the client include football, basketball, tennis, rugby union …

Read More »

Amaya announces senior management changes for Rational Group

Amaya Gaming has announced two senior management changes to subsidiary operator Rational Group the managing company of PokerStars and Full Tilt igaming brands. The Rational Group senior management appointments see Israel Rosenthal appointed to Chief Operating Officer (COO) and Gino Appiotti assuming the role of Chief Marketing Officer (CMO). The promotions were decided following a management review. Rosenthal takes over …

Read More »