Amaya/GVC confirm competing bid for Bwin
Amaya Inc joins battle to buy Bwin.party GVC and Amaya link up for bwin.party bid
Amaya Inc joins battle to buy Bwin.party GVC and Amaya link up for bwin.party bid
The race for market share in the online poker/gaming market turns another corner today as 888 and Bwin negotiate a merger. A rival bid could come from London listed GVC with cash from Amaya. I’m not entirely clear about British… Continue Reading
Macau Bets $27 Billion on Reversing the Law of Supply and Demand
Association of Gaming Equipment Manufacturers (AGEM) Hails Passage of Senate Bill 9 in Nevada That Ushers in New Era of Gaming Entertainment
Shares of Amaya rose sharply today on an earnings update. The data released today gives investors a clearer picture of Amaya in the Pokerstars era, now that Amaya has mostly divested itself of non-Pokerstars/Full Tilt assets. Going forward, investors will be… Continue Reading
Penn National will buy the Tropicana Las Vegas for $360 million, in a deal that will close in stages over a period of two years. This deal will give Penn a long sought presence on the Las Vegas strip, and… Continue Reading
I’m not sure if I should laugh or cry, but the Financial Post is reporting today that a leading member of the Hell’s Angels bought $10,000 of Amaya Gaming shares leading up to their announcement of a deal to acquire… Continue Reading
Gaming & Leisure Said to Raise Bid for Pinnacle’s Casinos
Shareholder Adviser Hits Wynn Resorts
As I reviewed Amaya’s quarterly report last week, I was pleased to read about their intent to enter the fantasy sports market. Fantasy sports are likely to grow as it provides a more personalized and customized way to enjoy sports.… Continue Reading