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Amaya Gaming Toronto Stock Exchange Tech Stock of the Year
Wednesday January 21,2015 : CANADIAN STOCK EXCHANGE ACCOLADES FOR AMAYA GAMING
Company and chief exec both honoured.
Montreal-based online gambling group Amaya Gaming Inc. has been selected as the Toronto Stock Exchange Tech Stock of the Year, and chairman and CEO David Baazov honoured as TSX Tech Executive of the Year by Cantech Letter.
The awards recognise excellence and achievement in Canadian technology companies as voted on by a panel of independent Canadian technology business analysts.
This is the third year running in which Amaya and Baazov have received TSX awards.
Cantech Letter Founding Editor Nick Waddell said in the citation:
"Through excellent management, strong governance and smart execution, Amaya has outperformed the market since going public in 2010.
"Building upon its historic success in strategically acquiring companies and driving growth, the company's purchase of Rational Group in 2014 has delivered fantastic shareholder value, and Mr. Baazov was deservedly recognized for his vision, determination and ability to complete such a transformational acquisition."
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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