Amaya investor questions David Baazov’s source of funds for acquisition
Canadian based Amaya Inc is currently considering an acquisition proposal submitted by David Baazov, the former chairman and chief executive officer. Baazov sent in a proposal last month offering C$24 per share which is around 20 percent more than what Amaya Inc shares a currently trading at.
David Baazov initially stated that he had investors from Dubai and Hong Kong backing the acquisition but the Dubai based company that he had put down as a backer, released a statement to dispute that claim. However the two Hong Kong based investors – Head and Shoulders Global Investment Fund SPC and Goldenway Capital SPC confirmed that they would increase their amount of investment to support the acquisition.
U.S based SpringOwl Asset Management one of Amaya Inc’s investors who …
Read MorePlaytech games coming to New Jersey via Bet365 integration alliance
British online casino games developer Playtech has announced the signing of a deal that is to see its award-winning portfolio made available to iGaming aficionados in the American state of New Jersey via the locally-licensed domain from Bet365.
The Isle of Man-based innovator used an official Thursday press release to detail that the arrangement will involve a large selection of its best-performing games such as the five-reel Frankie Dettori’s Magic Seven, Great Blue and White King video slots being offered to punters in ‘The Garden State’ via the online casino at NJ.Bet365.com.
Other opportunities:
Playtech pronounced that the new alliance with Bet365 heralds its entry into the embryonic United States iGaming market and comes a …
Read MorePragmatic Play supplies Novomatic online brand Admiral Casino with slot content in new partnership deal
Following a series of recent iGaming content deals in Latin America and Pragmatic Play has crossed the Atlantic to extend its presence in the United Kingdom where it has partnered with a “key brand” in the market, Admiral Casino.
Under the deal, customers of the UK online brand of Austrian gambling company Novomatic will be able to experience the provider’s full catalog of more than 200 slot titles, including popular releases such as the African wildlife-inspired title, The Ultimate 5, the fruit-themed Colossal Cash Zone, Gates of Valhalla and Rock Vegas, the Mega Hold & Spin slot from partner studio, Reel Kingdom.
Also part of the agreement are wildly popular classic titles like Wol…
Read MoreRed Rake Gaming inks “landmark partnership agreement” with Playtech
Giving it “significant opportunities” to enhance its regulated market reach, Red Rake Gaming has partnered with iGaming and sports betting software supplier, Playtech plc (LSE:PTEC) in a deal that will see it integrate its growing portfolio of mobile and online games onto the Playtech Games Marketplace.
Lauded as a “landmark partnership agreement,” the collaboration makes a broad range of the Spanish developer’s best performing games available to Playtech’s extensive global operator base, which covers some of the most competitive regulated territories, courtesy of its best-in-class platform.
Expanding player base:
“Thrilled” to be adding Red Rake Gaming to their growing list of “dis…
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