As soon as I get there. -University of Washington basketball player Markelle Fultz when will the 76ers start winning |
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22th June 2017 | SHARE THIS | ||
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The Story | |||
Canadian online gambling operator Amaya Gaming has decided to turn over a new leaf as it assumes a new corporate identity as The Stars Group Inc. |
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The timing couldn’t be any better. |
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In its last annual meeting last Wednesday, shareholders has approved the company’s plan to rebrand its operations to reflect the dominance of its PokerStars brand. Amaya CEO Rafi Ashkenazi was quoted as saying that the rebranding was not to disassociate the company from its former CEO David Baazov. |
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It won’t actually hurt if The Stars Group distance itself from Baazov. |
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Baazov is awaiting a November trial on criminal charges of insider trading related to Amaya’s 2014 acquisition of PokerStars parent company, the Rational Group. |
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Anything else? |
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During the said meeting, the shareholders approved Amaya’s plan to relocate to Toronto to “more effectively manage its business and affairs.” Also, Ashkenazi said Amaya’s chief operating officer Guy Templar was currently negotiating with an unidentified licensed Indian operator regarding a potential tie-up that Amaya hopes to conclude later this year. |
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Takeaway |
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Amaya is ready to leave its tumultuous years behind by adopting a new brand identity and moving to a new location. |
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Kenya’s president signs new 35% gambling tax rate into law | |||
President Uhuru Kenyatta has formally signed the Finance Bill 2017 into law which will impose uniform 35% tax rate on all gambling revenue. |
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Macau’s VIP gambling to fizzle in H2, analysts predict | |||
Japanese credit debt watcher Nomura has warned that Macau’s VIP gambling may hit a slowdown in the next six months after China’s total social financing dropped 24 percent in May. |
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New York online poker bill dies of neglect for second year in a row | |||
The New York state legislature has wrapped up the final day of legislative session on Wednesday without taking any action on the bill that the state Senate approved last week. |
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The four suits in a deck of cards represent civilizations that have influenced mankind—spades represent the Middle East of Biblical times, clubs represent Greece, diamonds represent the Roman Empire, and hearts represent the Holy Roman Empire. |
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In thinking of changes for a service or product, don’t tinker with the aspects that your customers want. Don’t fix the product if it isn’t broken. |
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HappiStar Launches New Live Games plus New Bonuses for Fiat & Bitcoin Players |
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Asian mobile casino HappiStar has launched new live casino games. It also announced that it is now accepting deposits and withdrawals through Bitcoin. |
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Poker players, come through! The ACOP Platinum Series 19 will take place from June 23 to July 2, 2017 at the PokerStars Live in City of Dreams in Macau. It will feature a huge HK$5,500 Main Event which has a guaranteed prize pool worth HK$500,000! |
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