Amaya Interested in Acquisition of Cryptologic?

Company already has five percent holding in stock

Is Amaya to take a shot at acquisition of Cryptologic? This is a question asked by many in the industry these days, and it is mostly inspired by allegations that Amaya has already amassed a five percent holding in Cryptologic stock.

Despite the rumors that Cryptologic has been going through tough times at the moment, it is believed that it will not be sold cheaply. Namely, its worth is mainly in its IP, product and IT assets and a still substantial cash position. In addition, last week the giant saw its share price boost, thanks to the news that it is considering the sale.

On the other hand, Amaya, the Montreal-based gaming company has recently been noted for its activity in Kenya, and the success in applying for the first online gaming license issued by the Dominican Republic. According to its announcements, its plans for the future involve the launch of a new domain during the year, with a variety of slots and table games, as well as online poker on offer.

All News Categories

Most Viewed Articles

See all

Related News

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search
Search Results
39012170