It also became known that Amaya’s COO is currently in India to finalize a partnership deal with a business that has already received the necessary permission to operate in the country. Amaya and its online poker brand PokerStars expect to launch their offering later in 2017.
Ashkenazi explained their choice of market to expand into with the increasing popularity of smartphones. The executive described India’s poker market as quite an exciting one. Poker, in general, and online poker, in particular, have been gaining more and more attention among local players, hence the growing investment interest in the market.
Amaya’s CEO also explained that his company is also eyeing expansion in other parts of Asia as well as in the United States. Speaking about their Asian interest, the executive pointed out that online gambling is a big thing in Asia, but what it really matters is to enter any of its lucrative markets with the right structure and strategy.
During Wednesday’s annual meeting, the Canadian gaming giant’s shareholders approved the proposed change of its name to The Stars Group. The rebranding is expected to be completed in August. The company will also relocate its head office from Montreal to downtown Toronto.
Source: GMB / Casino News Daily
