Canada’s three major online gaming businesses, Amaya, NYX Gaming Group and Intertain, have all seen their share prices slide following Wednesday's action by Québec’s financial markets regulator against Amaya chief executive David Baazov and others.

Amaya, whose acquisition of Rational Group was the focus of the investigation by Québec’s Autorité des marchés financiers (AMF), was hardest-hit, with shares in the business (Co.Data) (TSX:AYA) closing down 20.57 per cent at CAD$14.75 per share in Toronto Wednesday.

NYX Gaming Group Inc (Co.Data) (TSX:NYX) saw its shares fall 14.51 per cent to CAD$2.71 per share, while Intertain Group Limited (Co.Data) (TSX:IT) closed down 8.46 per cent at CAD$10.50 per share.

Market analysts told Gaming Intelligence that while Baazov took the headlines on Wednesday, the charges filed against Yoel Altman may prove more significant and could have prompted the decline in the other companies’ share prices. 

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