While U.S. players impatiently wait for the New Jersey government to get off its ass and approve PokerStars’ internet gaming license, the world’s largest online poker room has made a move to get back into the U.S. gaming market. Amaya Gaming, PokerStars’ parent company, announced today that it has purchased Daily Fantasy Sports (DFS) site Victiv.com for an undisclosed dollar amount. The move was previewed in the spring when Amaya Gaming CEO David Baazov said on an earnings call that his company planned to get into the DFS industry before the National Football League (NFL) season started. “We have also…

Given the secular decline of the online poker industry, Amaya (parent company of PokerStars) will be hard-pressed to double the size of its poker arm in the next five years. That’s one of the focal points of a new research report on Amaya authored by Adam Krejcik of Eilers Research and Online Poker Report publisher Chris Grove. Eilers has proven to be one of the more sobering (and accurate) voices with regards to online gaming revenue predictions. Its latest report continues that trend, and not without good reason. The online poker industry is in the midst of a multi-year downswing,…

Amaya Inc based out of Canada, was a relatively unknown company until it surprised everyone in the poker industry in June 2014, when it confirmed that it had successfully acquired PokerStars and Full Tilt Poker. PokerStars is the biggest online poker website in the world and has upheld that status after being acquired by Amaya Gaming for $4.9 billion. Since then the company has continued to stay in the news as it rolled out a number of strategic and operational changes. The billion dollar acquisition drew a lot of attention from the authorities who wanted to know if the proper…

Star Tribune – A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world’s largest Internet poker site operate legally in the state, the state’s top casino regulator said. The state Division of Gaming Enforcement will begin the talks Thursday with Amaya Gaming Group, which is buying PokerStars and Full Tilt Poker for $4.9 billion, division director David Rebuck told The Associated Press. Most importantly, the sale involves PokerStars executives charged with fraud and money laundering resigning from the company. That would appear to clear the way for PokerStars to…

Card Player – Bloomberg reported on Thursday that PokerStars, the world’s largest poker website in terms of traffic, is near a deal to be acquired by Amaya Gaming Group Inc. Amaya is a maker of gambling equipment and systems. The Canada-based Amaya owns the Ongame Network, which it acquired from bwin.party in 2012. It also has partnered with the Golden Nugget for online gaming in Nevada and New Jersey. In addition, Amaya Gaming has a deal with Ultimate Gaming for online gambling in New Jersey. According to the report, PokerStars being under new ownership might give the firm a better…

iGaming Business – Gambling industry entertainment provider Amaya Gaming Group has renewed its licensing deal with Greentube Alderney, part of global gaming group Novomatic. The new two-year agreement will ensure the continued distribution of casino content to Amaya, allowing licensees to access 28 premium Novomatic titles via Amaya’s casino gaming system. Amaya will continue to offer a selection of Novomatic games, including six new titles. Amaya’s partnership with Novomatic stretches back to 2009. “This extended agreement reflects our dedication to providing customers with the widest range of premium gaming content possible and further reinforces our position as the industry’s leading…