INTERTAIN ACQUISITIONS BUILD THE FIRM'S DEBT BURDEN
13th March, 2015 at 04:44:35
But management is confident that solid acquisitions will generate future profitability.
Intertain Group, a Canadian online gambling company closely associated with Amaya Gaming (the latter holds a 5.8 percent interest in the company) has posted an interesting set of 2014 annual results showcasing revenues from a zero base up at $40.8 million but a heavy debt burden as a result of a series of major acquisitions.
Full Story: Intertain Acquisitions Build The Firm's Debt Burden »
TAILORBET NAMES EX-BETSAFE MD AS CEO
03rd June, 2014 at 14:46:02
Brings wide industry experience to P2P sportsbetting provider
White label peer to peer sportsbetting provider Tailorbet has appointed Liam Casey to the position chief executive officer.
Full Story: Tailorbet Names Ex-betsafe Md As Ceo »
AMAYA CLOSES WAGERLOGIC SALE (Update)
12th February, 2014 at 15:43:00
Continue to power Inter-brands
Amaya Gaming Group has completed the previously announced sale of its WagerLogic Malta Holdings Ltd subsidiary (see previous reports) to Goldstar Acquisition co Inc. for $70 million, less a closing working capital adjustment of $7.5 million.
Full Story: Amaya Closes Wagerlogic Sale (update) »
ACQUISITIONS DENT AMAYA GAMING Q3 RESULTS
29th November, 2013 at 10:49:21
Impressive increase in revenues is balanced by a net loss of $3.5 million due to hefty acquisition program.
Montreal-based online gambling group Amaya Gaming released its Q3-2013 financials Friday, reporting impressive revenue increases to $40.2 million, up y-o-y by 120 percent, but nevertheless incurring an almost $3.5 million net loss, mainly as a consequence of its ambitious acquisition strategy.
Full Story: Acquisitions Dent Amaya Gaming Q3 Results »
AMAYA GAMING TO DIVEST WAGERLOGIC
21st October, 2013 at 23:32:55
Reinforces focus on B2B strategy
Amaya Gaming Group has announced the proposed sale of its B2C subsidiary WagerLogic Malta Holdings Ltd to Capital Pool Firm Aumento Capital II Corporation.
Full Story: Amaya Gaming To Divest Wagerlogic »
CHANGE OF PLATFORM FOR ONLINE CASINO OPERATOR?
14th March, 2013 at 11:56:16
Notification to Intercasino and InterPoker players sparks speculation
An intriguing player notification from the operator of Intercasino and InterPoker has triggered speculation among players that a change of platform is in prospect.
Full Story: Change Of Platform For Online Casino Operator? »
WAGERLOGIC CHOOSES MAXYMISER
26th April, 2012 at 09:43:32
With a view to increasing registrations, deposits and lifetime player value
e-Gaming software and services provider WagerLogic has selected Maxymiser to test and optimise its InterCasino and VIP Casino online brands.
Full Story: Wagerlogic Chooses Maxymiser »
CRYPTOLOGIC GAMES FOR NYX'S RAPID PLATFORM SOLUTION
21st October, 2010 at 06:16:19
New deal gives players wider choice.
Online gambling software providers, NYX Interactive and Cryptologic have inked a deal which will see Cryptologic (Wagerlogic) games offered on the NYX Rapid Platform.
Full Story: Cryptologic Games For Nyx's Rapid Platform Solution »
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CRYPTOLOGIC SETTLES WITH MARVEL
30th September, 2010 at 02:39:57
Licensing dispute put to rest
Online gambling software developer Cryptologic has announced that its wholly owned subsidiary, WagerLogic Ltd., has reached a settlement in its arbitration with Marvel relating to the licensing of Marvel comic book characters.
Full Story: Cryptologic Settles With Marvel »