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Amaya Gaming Soaring share price triggers takeover speculation

Saturday May 24,2014 : WHAT'S HAPPENING AT AMAYA GAMING?
 
Soaring share price triggers takeover speculation.
 
Soaring share prices and a remarkable trading volume on Amaya Gaming late Friday - the stock surged almost 14 percent to close at $10.25 on trading volumes five times the normal daily average - have triggered speculation that something positive is on the go at the online gambling software provider.
 
With rumours circulating rapidly despite the holiday weekend, the Calvin Ayre information site claimed that it had been told by unidentified sources that the big news could be a deal between Amaya and Pokerstars, the industry's biggest online poker operator owned by the Isle of Man-based Rational Group.
 
Neither company has responded to requests for comment.
 
The CA report speculates that despite the disparity in size and capital of the two companies, such a deal might provide a solution enabling Pokerstars to enter the regulated US market under new ownership if a reverse takeover were engineered.
 
 Amaya already has a New Jersey licence, and Pokerstars has a hung agreement with an Atlantic City land casino operator and an application for an online gambling licence in the state that is dormant but still live
 
Such an arrangement may be the answer to New Jersey reservations about licensing the present Pokerstars-Rational Group senior management...and the tempting prospect of a regulated and licensed California market remains on the horizon - Pokerstars has an alliance with the Morongo tribe and cardrooms there.



Gambling News :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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