Financial News

Amaya has reported a 10 per cent increase in revenue to US$285.9m for the second quarter of 2016, with the PokerStars owner also confirming the appointment of Rafi Ashkenazi as CEO on a permanent basis.

Ashkenazi took over as interim CEO in March after David Baazov took an indefinite leave of absence from the company after being charged by Québec’s Autorité des marchés financiers (AMF) with insider trading.

The company has now confirmed that the appointment had now been made permanent following the resignation of Baazov from all positions with Amaya, effective Thursday (August 11th).

"I am proud of my contributions in building Amaya into the successful company it is today, and continue to be supportive of its strategy and management,” said Baazov.

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