Amaya shares listed at the Nasdaq
06 June 2015
The owner of PokerStars and Full Tilt, Amaya, the world’s largest listed online gaming company, announced last week that the shares of the company had been admitted for public trading by the Nasdaq, the New York Stock Exchange Technology Shares. From 8 June, the trade of Amaya ordinary shares will start at Nasdaq on the Nasdaq Global Select Market. The deal was approved under the symbol AYA. This is the same symbol under which Amaya was also found on the Toronto Stock Exchange and can be still be found in future. Amaya chairman and CEO David Baazov considers the listing a chance to improve the visibility and liquidity of the company significantly and to broaden the shareholder base of the company for its share. The Nasdaq Global Select Market is the high-end platform of Nasdaq and can be found in the best technology companies with the highest standards. Amaya is a leading provider of technology based solutions, products and services. It has been around as a leader in the global gaming and interactive entertainment industry for quite some time now. The entire portfolio of the gaming and business brands of Amaya includes PokerStars, Full Tilt, the European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour and the Asia Pacific Poker Tour.
This will surely get interesting, if not even fascinating to see how the shareholder base will be expanding. There will be a true reflection of how willing people are to invest into Online Gambling and also to keep track of the profits from online poker. This in an industry that has yet to overcome some obstacles and ethical issues such as social stigmatisation. The medium itself is very adaptable to the mechanism of online marketing. One can say with certainty that the acceptance of the world’s largest online gaming companies in Nasdaq, the highest level of public exchange trading, is not only a significant breakthrough for Amaya but a breakthrough for the entire global online gaming industry.