CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

Amaya Gaming shares trading investigated

12 December 2014

QUEBEC -- Amaya Gaming Group Inc stock trading activities are being probed, The Globe and Mail reported.

Quebec's securities regulatory authority Autorité des marchés financiers are conducting the probe which follows Amaya's purchase of PokerStars.

Amaya Gaming released the following Press Release in response to media reports of the investigation:

MONTREAL, Quebec -- (PRESS RELEASE) -- To provide clarification on a media report, Amaya Inc. (the "Corporation") (AYA.TO) confirmed that the Corporation and its officers are cooperating with the Autorité des marchés financiers, the securities regulatory authority in the Province of Quebec (the "AMF"), in an investigation with regards to trading activities in Amaya securities surrounding the Corporation's acquisition of Oldford Group in 2014.

To the Corporation's knowledge, this does not involve any allegations of wrongdoing by the Corporation. Amaya will continue to cooperate, if and as requested, consistent with our practice to always cooperate with regulatory authorities.

The Corporation will continue to monitor the investigation if and as it proceeds. The investigation has had no impact on Amaya's business operations, employees or companies.

< Gaming News

Amaya Gaming shares trading investigated is republished from Online.CasinoCity.com.