Monthly Archives: July 2015

Court reveals further details on Amaya’s insider trading probe warrant

Quebec court lifted a publication ban on an updated search warrant drafted by the Autorité des Marchés Financiers (AMF), revealing further details on Amaya insider trading investigation.

The court confirmed that the AMF seized a computers, e-mail, and phone records belonging from three Amaya officials, including its CEO David Baazov, CFO Daniel Sebag and an unnamed manager, the Globe and Mail reported.

Records were also seized from Amaya’s deal adviser Canaccord Genuity Corp. senior executive, broker and a broker’s assistant along with documents from 15 brokers in the Montreal branch of Manulife Securities.

The names of the employees were censored in the warrant for legal purposes, but last month, there were reports revealing that two of the Canaccord targets are Bay Street firm’s wealth management unit CEO Stuart Raftus and broker Peter Kirby.

888 Holdings to convince bwin.party for a takeover

888 Holdings will try to convince bwin.party to agree to a takeover following a GVC/Amaya’s £900m offer.

Sunday Times reported that 888 will meet bwin’s management and representatives to try to reach an eleventh-hour agreement. Although 888’s bid offer to bwin is not as high as GVC’s, 888 was said to be unlikely to come back with an improved cash offer but instead it would focus on the potential synergies between the two businesses.

bwin.party has released a statement last week saying that its board had “determined to work with GVC so that they can finalize their offer over the coming days.”

GVC issued its own statement saying that the company have put forward a very compelling offer for bwin, and are pleased to have received the support of the bwin board.

Police warn of lottery prize scams after elderly man almost swindled in North Dundas

CORNWALL, Ontario – SD&G OPP issued a warning about lottery scams and prize fraud schemes after a Winchester man was nearly duped by con artists. Stormont-Dundas-Glengarry detachment officers responded to a report of fraud on Main Street in North Dundas on July 7. The elderly resident was sent a bank draft from “Blue Cross” with instructions to cash the cheque and return a fee to the requesting agency.

Kiwi gaming industry boom earns half a billion dollars

A computer and mobile games industry boom in New Zealand is raking in around half a billion dollars a year in revenues. The surge in games development, skills and exports is expected to be identified as an emerging new sector when financial reports charting the contribution of the creative industries to the Kiwi economy are released in September.

WSOP Day 4 Round Up: 237 Survive, Hellmuth Doesn’t, Negreanu and Esfandiari Do

Lee Davy brings you a round up of all salvoes fired in Day 4 of the World Series of Poker Main Event, including one that blew Phil Hellmuth out of the tournament.

“I didn’t come here to lose.”

Those were the words of 94-year old William Wachter. The man selected to utter the words: “Shuffle Up and Deal” and proof personified as to why this tournament if one of the greatest events in the history of sport and gaming.

Wachter didn’t lose.

European Commission tells Germany to justify online gambling legislation

The European Commission has joined the chorus of critics of Germany’s stalled online gambling regulatory regime.

Late last month, the EC issued a formal rebuke of Germany’s three-year-old federal interstate gambling treaty. It’s been nearly one year since Germany awarded 20 federal online sports betting licenses but legal challenges by rejected applicants have prevented any of these licenses from taking effect.

This failure to launch loomed large in the EC’s shaming letter, but it was far from the only criticism. The EC also chastised the lack of transparency during the license application process and questioned the reasoning behind Germany’s decision to restrict licensed operators to sports betting while banning online casino and poker products.

The EC suggested that the treaty had clearly failed in its stated objective of reducing the scale of unauthorized operators, which continue to represent nearly one-third of the country’s online market. The EC also challenged Germany to demonstrate what successes – if any – the treaty had achieved in reducing the rates of problem gambling and money laundering activity.

Banging Balls About the Box in the partypoker Grand Prix Tour

Partypoker and Dusk till Dawn have announced full details of their Grand Prix Tour with visitations to Old Trafford, Stamford Bridge, St James Park, Cardiff City Stadium and Elland Road on the cards.

It was a fantasy of mine to watch Manchester United banging balls about the box whilst I did likewise with any bird worthy of a good rubber legging.

Then poker came into my life. Nothing had hit the vein quite like poker – not football, not even sex. My fantasy had changed. Now I wanted to play online poker whilst getting my rocks off.

Then I aged.

WSOP Day 3 Round Up: Amar Anand Leads the Final 661 Players; Hastings and Holz are High and Jonas Lauck is Low

Lee Davy filters through the excellent reporting done by the WSOP.com crew to bring you all the entrees and exits from the 3rd day of action in the $10,000 buy-in World Series of Poker (WSOP) Main Event.

This game can be hideous.

This game can be heartwarming.

Day 3 of the World Series of Poker (WSOP) Main Event was a time when the heavy heat closed ranks, slammed the doors shut, and squeezed nothing but excitement into the remaining atmosphere. And then at just the right time, the doors opened, the heady-heat was expunged, and for one poor sap it felt like an empty tomb.

Kings Casino to Host First Official Raising for Effective Giving Tournament Series

Raising for Effective Giving board member Philipp Gruissem has announced the schedule for their first official poker tournament series due to be held at Kings Casino Rozvadov in August.

“One time I took my knife and I sliced off the end of the hogs nose, just like a piece of bologna. The hog went crazy for a few seconds. Then it just sat there looking stupid. So I took a handful of salt brine and ground it into its nose. The poor hog didn’t know whether to shit or go blind.”

That’s a quote taken from the book Why We Love Dogs, Eat Pigs and Wear Cows by Melanie Joy. The words fell out of the mouth of a slaughterhouse worker. His job was to kill animals that would one day end up at our dinner table.

So what does animal cruelty have to do with a poker tournament in the Czech Republic?

WSOP Day 2C Round Up: Ryan Riess and Adrian Mateos With Strong Performances; David Jackson Leads

Lee Davy brings you a blow-by-blow account of all the action that summed up Day 2C of the World Series of Poker Main Event.

The $10,000 World Series of Poker (WSOP) Main Event has a long way before it reaches its zenith, but for some that moment may have already come. Take David Jackson for example. You can flick until your fingers fall off, you won’t find him in the Rolodex of ‘greatest poker players in the world.’ Instead, he fits into the saturated lake of ‘every man has a dream’.

Jackson started the day huddled within a pack of 2,747 players. It was Day 2C of the greatest poker tournament in the world. When it ended it was his name being sent to RSS feeds around the world as the man with the most chips; 408,800, more than anyone else that day, but significantly less than the 603,500 Amar Anand amassed the day prior.

All that means, when Day 3 begins, there will be 1,796 players all trying there hardest to break the 1,000-player barrier, thus receiving 50% of their buy-in back.

Ticket Takes Lucky Money Jackpot Of $550K

CBS4 CBS4 is now on CBSMiami.com. It’s the same great news, weather, and investigations you found on cbs4.com, but we’ve added a whole new range of great items and features to help you get more out [] My TV 33 My TV33 is on CBSMiami.comIt’s the same great news, weather, and investigations you found on cbs4.com, but we’ve added a whole new range of great items and features to help you get more out of [] WQAM The legendary 560 WQAM-AM is the premier all-sports radio station in South Florida.