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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 :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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