No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Amaya,Pokerstars Offices Raided in Canada
Friday December 12,2014 : SURPRISE VISIT TO AMAYA GAMING BY CANADIAN POLICE AND FINANCIAL AUTHORITIES
Major investigation into insider trading in progress?
Reports in the respected publication Forbes indicate that a posse of Canadian police and financial investigators made "unannounced" visits this week to the Montreal head office of the Amaya Gaming company, which recently paid $4.9 billion to acquire Pokerstars parent Rational Group.
Entities involved in the visits included the Royal Canadian Mounted Police and the Autorité des Marchés Financiers, a financial market regulator.
Forbes reports that investigators also visited insurance giant Manulife Financial and investment bank Canacord Ingenuity, apparently as part of the same enquiry.
Canaccord Genuity underwrote the Amaya-Rational Group deal along with Cormark Securities and Desjardins Capital Markets. Canaccord and Deutsche Bank were lead advisors, and Canaccord agreed to purchase US$130 million of convertible preferred shares of Amaya.
Eleven days later, it upped the private placement offering to US$180 million, citing additional demand and bringing the total gross proceeds from the issuance to US$1.05 billion.
The authorities have released little in the way of detail on the enquiry, fuelling speculation that the investigation concerns insider trading. Forbes quoted a Autorité des Marchés Financiers spokesman as confirming the investigation was centred on Amaya, but that he could not at this stage disclose any further details.
Pokerstars spokesman Eric Hollreiser was also cautious, responding to media enquiries by advising that whilst Amaya was cooperating with the authorities he could not comment further.
In later developments, Amaya issued a statement late Thursday in which it denied any wrongdoing but confirmed that the authorities are looking into events concerning the Rational Group takeover. The company said that it was monitoring the enquiry, which has so far had no impact on business operations or employees.
Industry observers have speculated that the intense interest in Amaya stock running up to the acquisition may have triggered an investigation, but that has not been confirmed.
Amaya’s shares have gained 341 percent over the last year to date, and closed Thursday at $35.06, up $0.22. Manulife Financial’s shares closed up $0.07 to $21.66, and Canaccord Genuity closed up $0.03 to $7.33.
In November, Amaya beat expectations as its adjusted profit increased 10-fold to nearly $70 million for the period ended September 30. Revenues were $239 million, up from $38.6 million a year earlier .
This Wednesday, the firm paid a quarterly dividend of $0.05 per common share and a special dividend of $0.05 per common share.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
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.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.