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Amaya Gaming Approved For Toronto Stock Exchange
Monday August 12,2013 : AMAYA GAMING APPROVED TO LIST COMMON SHARES ON TSX
Access to larger pool of investors
Amaya Gaming Group has received conditional approval from the Toronto Stock Exchange to graduate from TSX Venture Exchange and list its common shares.
“Our graduation to TSX will be another significant milestone for Amaya,” said David Baazov, chief executive officer of Amaya Gaming Group Inc. “It will increase our profile and will provide us access to a larger potential pool of institutional and international investors.”
Final approvals of the listing are subject to Amaya satisfying certain standard requirements of TSX which the company expects to meet.
Amaya said it will apply to voluntarily delist its Common Shares and 2015 Warrants from TSX Venture Exchange to be effective once securities begin trading on TSX.
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Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
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Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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