Rafi Ashkenazi

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    Stars Group Q2 revenue gains 34.8 percent, helped by Australia

    Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.

    Crown Resorts sells majority stake in betting business

    Australia-listed Crown Resorts has agreed to sell its majority ownership in its homegrown sports betting arm, Crownbet, for an aggregate $117.7 million. CrownBet, launched in 2014 in Australia, is one of Australia’s fastest growing online sportsbooks with unaudited annual revenues growing from approximately A$76.5 million (US$59.6 million) in 2015 to approximately A$204.0 million in 2017. […]

    Pokerstars delays launch of India operations

    Online poker giant Pokerstars has announced there will be a delay in its plans to launch an India website by at least one to two quarters, according to remarks from Amaya Group CEO Rafi Ashkenazi, Glaws reports. Last November, Ashkenazi had indicated that Amaya Group was planning to launch its India operations by the first […]

    The year ahead – Jay Sayta

    Elections are scheduled in Goa in early 2017 and one of the key issues for political parties is the fate of casinos. Political parties like the Aam Aadmi Party (AAP), whom political pundits feel have a decent shot at power, have promised to eliminate casinos if voted to power, while other opposition parties like the […]

    Amaya to exit Australia, turns to India

    Amaya Inc says it is “reviewing the applicability” of Australia’s new gambling bill, which proposes to outlaw online poker and casino. According to an analyst call with Amaya CFO Daniel Sebag, reported by Calvin Ayre, the Amaya executive said the company plans to exit the market. Amaya CEO Rafi Ashkenazi also said the company is […]