It has been reported by several news outlets that that a raid took place in Montreal just two days ago at the office of Amaya Gaming. Officials of Canada are investigating the company and according to the gaming brand, the trading activities based on the recent acquisition of PokerStar/Full Tilt this year are what is in question.
Based on a statement to OnlinePokerReport, Amaya says that to the knowledge of the corporation, the raid does not involve the corporation being accused of any type of wrongdoing. Amaya plans on cooperating with the authorities and will stay involved in the investigation in the future, if it does continue. The company states the investigation will not have an impact on the operations of the business, employees, etc.
The news of the raid has many in the industry questioning if the action will have a negative result in the company’s efforts to enter into the New Jersey online gambling market. Regulators are currently reviewing the application of PokerStars since Amaya Gaming took over. According to a PocketFives report, The head of Zokay Entertainment, took to Twitter after news of the raid began to explode in every direction.
Alex Dreyfus stated that the raid is not related to gaming or PokerStars and it will not affect the licensing process in New Jersey as Amaya Gaming is ‘actually the support/victim of the potential trading, not the initiator…’. Dreyfus then stated that people should not get excited and write or spread gossip about the Amaya and PokerStars potential future.
The investigation is currently being conducted by the Autorité des Marchés Financiers, known as the AMF, and it has not been officially released as to what trading the investigation is actually based on. Of course there has been speculation, but the actual cause of the investigation will not be known until Amaya or the AMF decides to release the official details.
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