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AMAYA SHARES SURGE ON NEW JERSEY NEWS
01st October, 2015 at 16:55:01
Highest share price in the last 15 months follow online gambling approval news.
The announcement that online gambling group Amaya Inc. and its subsidiaries Pokerstars and Full Tilt have been cleared for operations in the regulated and licensed New Jersey online gambling market triggered a surge in the company's share price Thursday, taking the stock to its highest level in 15 months.
The stock jumped 15% to C$28.08 at 9:57 a.m. in Toronto following earlier gains of as much as 22 percent, the most since June 2014.
A review by the New Jersey Division of Gaming Enforcement found Amaya's Pokerstars brand to be under "strong, ethical and trusted ownership and management," and "worthy of participating in New Jersey's regulated online gaming market," the Montreal-based company revealed in a statement late Wednesday (see previous reports).
Related News Tags: Pokerstars, New Jersey
SPAIN'S ONLINE GAMBLING MARKET HAS A SOUND FUTURE
29th March, 2017 at 19:48:16
Analyst says sector likely to deliver Euro 500 million in Revenues in 2017.
BULLISH FORECAST FOR PENNSYLVANIA ONLINE GAMBLING
28th March, 2017 at 19:47:54
Hundreds of millions of dollars in new tax revenue possible with legalisation.
ONCE RATIONAL GROUP IS PAID OFF, WILL AMAYA BE LOOKING FOR ACQUISITIONS?
24th March, 2017 at 16:47:40
$4.9 billion consideration agreed for Rational Group in 2014 is due for final payment this year...but what then for Amaya?
MORE DETAILS ON COSTA ONLINE GAMBLING LEGALISATION BILL IN PENNSYLVANIA (Update)
21st March, 2017 at 21:54:56
Senator Jay Costa introduces his bill SB524 with the support of three other senators.
NOW WEST VIRGINIA EYES ONLINE GAMBLING LEGALISATION
18th March, 2017 at 06:34:19
New legalisation bill follows earlier challenge to PASPA