{"id":206,"date":"2024-06-18T11:35:44","date_gmt":"2024-06-18T08:35:44","guid":{"rendered":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-rebrands-as-the-stars-group-amidst-growth-and-controversy\/"},"modified":"2024-06-20T16:58:58","modified_gmt":"2024-06-20T13:58:58","slug":"amaya-rebrands-as-the-stars-group-amidst-growth-and-controversy","status":"publish","type":"post","link":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-rebrands-as-the-stars-group-amidst-growth-and-controversy\/","title":{"rendered":"Amaya Rebrands as The Stars Group Amidst Growth and Controversy"},"content":{"rendered":"
The gaming powerhouse from Canada, formerly Amaya, renowned for its control of PokerStars and BetStars, has undergone a transformation into The Stars Group. This strategic maneuver, encompassing a revitalized corporate image and online presence, comes on the heels of investor endorsement earlier in the year. The firm also shifted its primary offices from Montreal to Toronto. <\/p>\n
This name change marks a new chapter for the enterprise, mirroring its robust expansion. Despite a minor decrease in online poker earnings in the initial quarter of 2017, Amaya, now The Stars Group, witnessed almost 10% overall growth in the preceding year.<\/p>\n
This shift is potentially an effort to separate the corporation from its contentious former chief executive, David Baazov, who faces accusations of illicit trading. These claims originated from the $4.9 billion purchase of The Rational Group in 2014. <\/p>\n
Further complicating matters, Baazov had previously indicated a desire to take Amaya private. Nevertheless, these intentions were swiftly abandoned after an inquiry was initiated by Quebec’s financial regulatory body.<\/p>\n
The name change and relocation occur alongside heightened international investment in The Stars Group. Specifically, Hong Kong entrepreneur Tang Hao has augmented his ownership in the company to exceed 15%. <\/p>\n","protected":false},"excerpt":{"rendered":"
The gaming powerhouse from Canada, formerly Amaya, renowned for its control of PokerStars and BetStars, has undergone a transformation into The Stars Group. This strategic maneuver, encompassing a revitalized corporate image and online presence, comes on the heels of investor endorsement earlier in the year. The firm also shifted its primary offices from Montreal to […]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n