iGB Affiliate 48 Dec/Jan | Page 7

webmaster news Amaya ‘cooperating’ with authorities over PokerStars purchase Gaming company Amaya Gaming has said that it is cooperating with Canadian authorities in relation to an investigation into its $4.9 billion (€4 billion) purchase of online poker company PokerStars earlier this year. A report by the Forbes news service said the company’s Montreal headquarters were raided by the federal Royal Canadian Mounted Police and the Financial Markets Authority (AMF) on Wednesday. Amaya said the raid relates to trading activities in securities surrounding its acquisition of Oldford Group, the parent company of Isle of Man-based Rational Group which controls PokerStars and Full Tilt Poker, in August 2014. The firm, in a statement, said: “T