All posts by Joss Wood
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The Stars Group Sees Stock Hit All-Time High On Heels Of Q1 Results
Stars Group CEO Rafi Ashkenazi is having a good day. This morning, May 10, saw shares in the company formerly known as Amaya hit a...
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Stars Group Acquisition Of Sky Betting Is CEO Ashkenazi’s All-In Moment
The Stars Group purchase of Sky Betting and Gaming for $4.7 billion puts massive pressure on CEO Rafi Askenazi to make a return on the...
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Is Stars Group In The ‘Strongest Position In Its History’ After Releasing 2017 Full-Year Results?
Stars Group financial results for 2017 hit management targets and promise six to 12 percent growth in 2018.
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888 In New Letter: PA Should Allow Online Casinos To Offer Multiple ‘Skins’
888 has written to the Pennsylvania Gaming Control Board to make the case for casinos to be allowed to operate multiple online gaming branded websites.
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‘Monopoly’ No More? Sweden Set To Open Up Offshore Gambling Sites To Licensure
A new government report recommends that Sweden's monopoly over online gaming should end. Online gambling licenses could be issued by the first half of 2019.
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The Wrong Tax Rate For PA Online Gambling Would Mean Black Market Sites Would Still Dominate
Pennsylvania politicians face failing their constituents if they ignore international evidence and press on with a 54 percent tax rate for online gambling.
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Is Legal Online Poker Coming To Germany? GVC Is Optimistic Because Of Country’s Illegal Gaming Laws
The latest amendments to German gambling laws are illegal, which gives GVC's CEO confidence that their replacement will license and regulate online poker.
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Amaya’s CEO Wants Time To Focus On The Future Of The Business—Including Sports Betting Acquisitions
Amaya CEO Rafi Ashkenazi says he will be on the lookout for acquisitions in mid-2017, with top priority given to sports betting. Will Amaya go...
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PokerStars Gives Up On Using Sports Stars As Part Of Its Marketing Strategy
PokerStars is either dropping Neymar Jr and Ronaldo from its marketing strategy or giving them less emphasis. Both options imply a new advertising strategy.
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Amaya 2016 Results: Poker Declines Slightly, Casino And Sportsbook Growth Compensates
Amaya's 2016 results show online poker revenues slightly down, but CEO Rafi Ashkenazi has plans to grow the vertical in 2017--and Amaya will get a...
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Australia Passes Gambling Amendments To Restrict Unlicensed Online Poker – PokerStars Exit Is Imminent
Australia's Senate has voted in favor of changes to the gambling laws that will lead to the market exit of PokerStars and other good online...
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Betfair On Verge Of Profitability In NJ Online Casino Market
PaddyPowerBetfair's positive news about New Jersey online gambling profitability indicates that the DGE regulatory model is no deterrent to market entry.
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888 Poker Bails Out Of The Australian Online Poker Market – Will PokerStars Follow Suit?
888 is out of the Australian online poker market and despite the revenue pain, PokerStars is likely to follow suit very shortly.
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David Baazov’s Bid To Take Amaya Private Is A No-Go: What Caused Talks To Break Down?
Amaya's board demanded a higher price than David Baazov was prepared to offer. The Board must now produce growth to create shareholder value.
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The Poker Boom Is On In India: Nagaland Issues The Country’s First Online Poker License
Now that Nagaland has issued the first ever online poker license in India, where poker is not defined as gambling, the floodgates are open for...
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Time For Amaya To “Fully Move On” From David Baazov, Says SpringOwl’s Jason Ader In Scathing Letter To Board
Baazov's bid for Amaya hits a big obstacle as SpringOwl's Jason Ader writes to the Amaya board opposing any deal and any further relationship with...
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Live Poker Gets Another Boost From China As Alisports Announces The International Poker Tour
The International Poker Tour is the latest Chinese venture in poker. Founder Alisports plans a global program of poker tournaments, and other mind games.
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Legal Online Poker Returns To Portugal As PokerStars Receives The First License
Finally, SRIJ has awarded an online poker license. Amaya revenues will get a small but much needed boost when PokerStars re-launches in Portugal.
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David Baazov’s Bid To Take Amaya Private Takes A Turn For The Legitimate
A possible explanation for last week's bizarre events, and no denials from Amaya or Baazov's Chinese investors makes for a more believable bid.
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Baazov Amends Amaya Bid Following Funder Snafu, Keeping Second Shot At PokerStars Alive
Four funders are now down to two, but David Baazov's bid for Amaya hasn't gone away as Chinese money turns an interested eye toward...
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One Of The Funders For David Baazov’s Amaya Bid Denies Any Knowledge Of The Deal
One of the funders listed in David Baazov's SEC filing, KBC Aldini, claims that it has no knowledge whatsoever of the deal for Amaya.
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Baazov Bid To Take Amaya Private Now On The Table After Company Issues Q3 Results
Amaya releases Q3 results and announces that David Baazov has put a real, albeit non-binding bid, to take the company private. But will Amaya accept?
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View: President-Elect Donald Trump And Online Poker: There Are Grounds For Optimism
America is getting a President who has invested in online poker. Despite the fears, there may be more online poker at the end of his...
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Swedish Report On Optimal Tax Rates For Online Gambling Fails To Consider Online Poker
A report from Swedish consultancy firm Copenhagen Economics recommends an online gambling tax rate that may prove sub-optimal for online poker.
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Don’t Expect European Shared Liquidity To Have A Meaningful Impact On Online Poker
Hopes that shared liquidity agreements will transform Europe's segregated online poker markets are overly optimistic. Too little, too late.
