Financial

David Baazov Adjusts His Bet for Amaya After Backers Back Out
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David Baazov Adjusts His Bet for Amaya After Backers Back Out

November 28th, 2016 | by Kaycee James
David Baazov has been forced to amend his bid for Amaya after it emerged that a proposed backer hasn’t actually put their chips on the table. Following reports that KBC Aldini Capital, a Dubai-based investment firm,...
Amaya Takes a Hit After Baazov Backer Cries Foul
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Amaya Takes a Hit After Baazov Backer Cries Foul

November 23rd, 2016 | by Brian Corlisse
Former Amaya chief executive David Baazov could be in hot water again after news emerged that a major investment bank isn’t involved in his takeover talks. Earlier in November, Baazov submitted an official proposal to...
David Baazov is Back with a $6.7 Billion Takeover Bid for Amaya
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David Baazov is Back with a $6.7 Billion Takeover Bid for Amaya

November 14th, 2016 | by Brian Corlisse
Former Amaya CEO David Baazov may be under investigation for potential financial crimes, but that hasn’t stopped him from putting together a $6.7 billion bid for the company. Back in March, Baazov was one of five...
Nevada Poker Revenue Up as Tourist Figures Break Records
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Nevada Poker Revenue Up as Tourist Figures Break Records

October 28th, 2016 | by Brian Corlisse
Nevada poker enjoyed a revival in September, reversing the downswing the state endured in August, 2016. In what’s been a turbulent year for Nevada poker rooms, September saw a reversal of fortune for the Nevada’s live...
William Hill and Amaya in Merger Talks but Analysts Say it Could be a Long Shot
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William Hill and Amaya in Merger Talks but Analysts Say it Could be a Long Shot

October 10th, 2016 | by Brian Corlisse
William Hill and PokerStars could be set to merge if the former can agree a deal with Canada’s Amaya Gaming. William Hill is one of the largest sports betting companies in Europe and in the last few days it’s emerged...
Barry Shulman to Auction off His $8 Million Vegas Pad
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Barry Shulman to Auction off His $8 Million Vegas Pad

October 5th, 2016 | by Kaycee James
The owner of Card Player Magazine, Barry Shulman, is putting his $8 million Las Vegas penthouse up for auction, but he’s unlikely to recoup his stake. The company in charge of selling the three-story property on October 18,...
Full Flush Poker Players Scramble, as Site Appears to Shut Down
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Full Flush Poker Players Scramble, as Site Appears to Shut Down

October 4th, 2016 | by Greg Shaun
Has Full Flush Poker closed its virtual doors? Or is it all just a temporary shutdown? These are the questions on many online poker players’ minds this week, when the site became inaccessible to customers. According to...
Delaware Online Poker And iGaming Show Strong Growth Streaks In July
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Delaware Online Poker And iGaming Show Strong Growth Streaks In July

September 7th, 2016 | by Kaycee James
Delaware online poker continued strong growth in July and even managed to post record profits for the month. Summer is often a time when online bettors step out into the sunlight and do something else with their spare time. This...
New Jersey Online Gambling Revenue Hits New High
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New Jersey Online Gambling Revenue Hits New High

August 17th, 2016 | by Kaycee James
New Jersey’s online gambling industry reached new heights in July according to the latest revenue report from state’s Division of Gaming Enforcement. Released on August 12, the new figures show that July’s...
High Stakes Poker Player Andy Beal Becomes Trump Advisor
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High Stakes Poker Player Andy Beal Becomes Trump Advisor

August 8th, 2016 | by Brian Corlisse
Andy Beal, the billionaire businessman and poker enthusiast, is part of Donald Trump’s new economic advisory team. Beal will be best known to poker fans as the man who took on a collective of high stakes poker pros (known...