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"Crytoplogic's acquisition by Amaya Gaming" ? does that mean that Amaya Gaming Will by Cryprologic or what 🤷?
I ask this because I'm almost sure Cryptologic is one of the world's leading software providers, and it's acquisition should be something at least scandalous , aren't I right? It's the first time I've heard a rumor like that.
Cryptologic have some excellent software and games but their management has been pretty poor for a few years now. A couple of years back I almost bought some shares in the company when the share price was over $20. Not doing that turned out to be a great decision as recently it has been under $1.50 and popped up close to $2.50 when this Amaya announcement came out. Its not surprising or scandalous that they are being bought as the technology and games would be attractive to a competitor, and hopefully they will bring in some better management.
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