David Baazov Gets Assistance in Amaya Takeover Bid

Former Amaya CEO David Baazov has announced that he has secured two Hong Kong investor funds' support in his effort to purchase Amaya.

Both Head and Shoulders Global Investment Fund SPC and Goldenway Capital SPC announced their support for the purchase, and will give Baazov added backing needed to submit a proposal.

Baazov has spoken out about his desire to purchase Amaya after he resigned following a securities investigation related to potential insider trading dating back to when the company was in the process of purchasing poker giant PokerStars. Baazov oversaw the most profitable times in the company's history, and he is keen to return to the post.

The former CEO has already filed a brief with the SEC in support of the acquisition attempt.

Casino Listings will update this story as we learn more about the purchase attempt.

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bgsharpe
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5 December 2016 - 8:49pm
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Perhaps Baazov has the needed links with investors to make a serious offer and will be no wonder if e succeed in the end because we could even feel his desire and determination to rule the brand again, maybe this time not only in a CEO role but as a partial owner too.