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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.



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Kentucky Derby Odds: Justify still Favorite - With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.

$40,000,000 guaranteed Partypoker Powerfest - $40,000,000 guaranteed POWERFEST schedule released. 6th-20th May, 366 events, 13 events with $1,000,000+ guaranteed

888Poker Takes Over the States - With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?

Top gambling ICOs to watch this year - The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.

MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

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