David Einhorn Buys 3.8 Million Amaya Shares; Dara O’Kearney Won’t Be

Billionaire investor, David Einhorn, has bought 3.8 million Amaya Gaming Inc. shares, and Dara O’Kearney writes a blog post about the same company that gives me the impression that he won’t be.

The decision by Guy Laliberte to bar professional poker players from competing in the 2016 Big One for ONE DROP creates conflicting emotions. On one hand, it’s difficult to call it a poker tournament if no professional poker players are competing, and then, on the contrary, you have the David Einhorn effect.

Einhorn took the term ‘Robin Hood of Poker‘ to a whole new level, when in 2006 & 2012, he donated his $659,730 18th place finish in the World Series of Poker (WSOP) Main Event and his $4.35m ONE DROP purse to charity.

Somehow, I can’t see a professional poker player giving that much money to people in need, and it’s for that reason that the ONE DROP changes get my vote. This particular tournament transcends poker, a point we need to remember.