im not a business guy, or all that intelligent, but any time a super successful/profitable business completely sells out, its cause for concern, isnt it?
or is this like, standard for corporations? share holders get a massive ROI and lives lavish and lets someone else live with the headache?
im not a business guy, or all that intelligent, but any time a super successful/profitable business completely sells out, its cause for concern, isnt it?
or is this like, standard for corporations? share holders get a massive ROI and lives lavish and lets someone else live with the headache?
Ownership (Board of Directors, etc) had to change otherwise they would not be allowed to re-enter the US market. Speculation is that it will be like the Disney acquisition of Marvel where they're just owner in name and everything else stays the same
The huge ramification for Canadians is that since Amaya is a Canadian public company that does business with the government lottery corporations who have their own poker site, it may be forced to stop offering PokerStars/FTP to Canadians! My friend - who is going to retire to become an online pro - and others may have to move out of Canada if they want to continue being Supernovas or pros.
The huge ramification for Canadians is that since Amaya is a Canadian public company that does business with the government lottery corporations who have their own poker site, it may be forced to stop offering PokerStars/FTP to Canadians! My friend - who is going to retire to become an online pro - and others may have to move out of Canada if they want to continue being Supernovas or pros.
This is a potential (and scary) possibility as well. Or it'll turn into one of many Euro only sites potentially.
Amaya is a Canadian-based company and Canadian police haven’t been shy about taking down any and all Canadian-based non-governmental online gambling operations. Bottom line, Amaya will have little choice but to eventually pull its new brands from the Canadian market or Baazov will be engineering his next blockbuster deal from a Quebec prison.
The needs of the many Americans outweigh the needs of the few Canadians, so Amaya will sacrifice Canada. So after withdrawing my entire Skrill balance into PokerStars, at some point, I'll have to withdraw my entire PokerStars balance just like Black Friday.
The needs of the many Americans outweigh the needs of the few Canadians, so Amaya will sacrifice Canada. So after withdrawing my entire Skrill balance into PokerStars, at some point, I'll have to withdraw my entire PokerStars balance just like Black Friday.
LOL, The police are not going to do anything. That had to be a american who wrote that.
LOL, The police are not going to do anything. That had to be a american who wrote that.
If it was Calvin Ayre who wrote, he's actually a Canadian who turned a few dollars in his pocket in Vegas into a gambling industry fortune. Of course he's now on the DOJ most wanted list and living in Antigua, but he has proven time and time again to be spot on when it comes to these type of things. Owns a little company called Bodog
Canadian Calvin Ayre predicted the purchase of PokerStars by Amaya. I would give him & his writers more credibility than phil ivey.
Police have raided several gaming companies in Canada before. I remember a not-so-smart friend whining to me about the police raiding the headquarters of an online gaming company that he bought shares of (Canadian-listed company like Amaya), and he is now deeply in debt.
Part VII of the Criminal Code of Canada (the “Code”) makes it an offence to operate a commercial gaming enterprise. Although these sections were enacted to deal with traditional gambling in Canada, they have also been applied to most forms of Internet gaming. Except for gaming conducted over the Internet by a provincial government, online gaming continues to be illegal in Canada.
While neither the RCMP nor FBI could arrest the Scheinbergs in the Isle of Man, the Amaya executives are in Quebec.
The Mohawks of Kahnawake
:
In Canada, courts have explicitly rejected First Nations’ claims to an inherent right to conduct gaming activities. Section 35(1) of Canada’s Constitution Act, 1982 recognizes and affirms aboriginal rights. However, only certain activities fall within the ambit of being an “aboriginal right.” In 1996, the Supreme Court of Canada in R. v. Pamajewon (1996), 138 D.L.R. (4th) 204, held that gaming, or the regulation of gaming, was not an integral part of the cultures of two Ontario First Nations at the time of European contact.
If Amaya can't stand the heat, one option may be to move to Kahnawake, where both the federal and Quebec goverments are too scared to enforce the law.
The huge ramification for Canadians is that since Amaya is a Canadian public company that does business with the government lottery corporations who have their own poker site, it may be forced to stop offering PokerStars/FTP to Canadians! My friend - who is going to retire to become an online pro - and others may have to move out of Canada if they want to continue being Supernovas or pros.
The needs of the many Americans outweigh the needs of the few Canadians, so Amaya will sacrifice Canada. So after withdrawing my entire Skrill balance into PokerStars, at some point, I'll have to withdraw my entire PokerStars balance just like Black Friday.
Not "exactly" what he was speculating on, but the effect is the same, so lets just start calling him Wettstradamus.
They won't, they'll reach a deal to segregate Canadians from the rest of the world, like they have with other countries. Smaller player pool, smaller prizes.
That doesn't make sense. It is either legal or illegal for Canadians to gamble online. What does keeping us from the rest of the world have to do with it?
That doesn't make sense. It is either legal or illegal for Canadians to gamble online. What does keeping us from the rest of the world have to do with it?
Its what happened in France, Spain, etc.. Rather than shut out PokerStars and Full Tilt, etc, they regulated it, made it legal and taxed it. I suspect Canada will do the same.
Agreed. Amaya will try to have an agreement with the government gambling corporations such as Loto Quebec, so that it will be business as usual for PokerStars/FTP for now - until online gambling regulation becomes a higher political priority.
That doesn't make sense. It is either legal or illegal for Canadians to gamble online. What does keeping us from the rest of the world have to do with it?
So received a nice little tip from ca.pokernews reporter Lane. Anyone else notice that right about when T8 questioned in VIP thread why sats stopped abruptly, all Stars branding has disappeared off upcoming Playground Festival web ads?
Canadian Calvin Ayre predicted the purchase of PokerStars by Amaya. I would give him & his writers more credibility than phil ivey.
Police have raided several gaming companies in Canada before. I remember a not-so-smart friend whining to me about the police raiding the headquarters of an online gaming company that he bought shares of (Canadian-listed company like Amaya), and he is now deeply in debt.
Comments
or is this like, standard for corporations? share holders get a massive ROI and lives lavish and lets someone else live with the headache?
Ownership (Board of Directors, etc) had to change otherwise they would not be allowed to re-enter the US market. Speculation is that it will be like the Disney acquisition of Marvel where they're just owner in name and everything else stays the same
This is a potential (and scary) possibility as well. Or it'll turn into one of many Euro only sites potentially.
THE MORNING AFTER AMAYA’S ACQUISITION OF POKERSTARS AND FULL TILT POKER
The needs of the many Americans outweigh the needs of the few Canadians, so Amaya will sacrifice Canada. So after withdrawing my entire Skrill balance into PokerStars, at some point, I'll have to withdraw my entire PokerStars balance just like Black Friday.
The front line employees most likely knew NOTHING.
tapatalk puts this here to annoy YOU
LOL, The police are not going to do anything. That had to be a american who wrote that.
If it was Calvin Ayre who wrote, he's actually a Canadian who turned a few dollars in his pocket in Vegas into a gambling industry fortune. Of course he's now on the DOJ most wanted list and living in Antigua, but he has proven time and time again to be spot on when it comes to these type of things. Owns a little company called Bodog
Police have raided several gaming companies in Canada before. I remember a not-so-smart friend whining to me about the police raiding the headquarters of an online gaming company that he bought shares of (Canadian-listed company like Amaya), and he is now deeply in debt.
While neither the RCMP nor FBI could arrest the Scheinbergs in the Isle of Man, the Amaya executives are in Quebec.
If Amaya can't stand the heat, one option may be to move to Kahnawake, where both the federal and Quebec goverments are too scared to enforce the law.
What the PokerStars / Amaya Deal Means for US Online Poker
APNewsBreak: Licensing talks for PokerStars buyer
Not "exactly" what he was speculating on, but the effect is the same, so lets just start calling him Wettstradamus.
Amaya Gaming Group Inc. | Amaya Completes Acquisition of Pokerstars and Full Tilt Poker
Over/Under till PS pulls out of Canada?
They won't, they'll reach a deal to segregate Canadians from the rest of the world, like they have with other countries. Smaller player pool, smaller prizes.
Its what happened in France, Spain, etc.. Rather than shut out PokerStars and Full Tilt, etc, they regulated it, made it legal and taxed it. I suspect Canada will do the same.
Montreal Poker | Playground Poker Club :: PokerStars Montreal Festival 2014
Hey Philli:
http://www.pokerforum.ca/f8/pokerstars-vip-rep-thread-26032/index14.html#post378818
Also, reading about your boy bailing out triadish betting ring billionaires?