Hong Kong-based investor Tang Hao has gained an additional 4.2 million shares of Amaya Gaming, Pokerstar’s parent company, for the month of July alone.

Tang Hao’s first purchase in July happened on July 11 where it bought 380,000 shares for C$8.45 million. Its string of purchases are as follows: July 12—420,000 shares for C$9.35 million; July 13--400,000 shares for C$8.87 million; July 14--400,000 shares for C$8.83 million;  July 17—400,000 shares for C$8.78 million; July 19—189,400 shares for C$4.16 million; July 20—495,700 shares for $11.13 million; July 21—413,000 shares for C$91.17 million; July 24—500,000 shares for C$11.12 million; and July 25—279,200 shares for C$6.24 million.

The investor initially had 7.2 million Amaya shares. He then purchased 9,105,000 shares at a cost of C$22.40 per share, for a total consideration of just under C$204 million, in March. And in June, he expanded his stake again by picking up another 2 million shares of Amaya Gaming.

Tang Hao’s purchases occurred after former Amaya CEO David Baazov sold his 19 million shares early this year. Baazov was forced to sell his shares after Amaya’s lenders reworked its debt deal with a clause that effectively barred him from making further attempts to acquire the company and take it private.

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