The US not a priority

Amaya weighs listing in London or New York

(UK).-Amaya Gaming is set to list in either London or New York as part of its plan to realise a secondary listing, CEO David Baazov said. “Out of our top five growth initiatives, the US is number four,” he said.
2014-07-09
Reading time 34 seg
(UK).-Amaya Gaming is set to list in either London or New York as part of its plan to realise a secondary listing, CEO David Baazov said. “Out of our top five growth initiatives, the US is number four,” he said.

The Canadian gaming group will acquire PokerStars and its Full Tilt Poker brand for US$4.9bn.
The shareholders will vote on the deal this month and the takeover should be completed in September.

Amaya Gaming currently trades on the Toronto stock exchange, but no decision had yet been made as to which of the two cities it would seek its secondary listing in.

David Baazov, chairman and CEO of Amaya, said that “there will be a dual listing” but added that a much-talked about return to the US market by PokerStars was not the driving force behind Amaya acquiring the Isle of Man poker site.

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