Poker news tagged with 'stocks'

Amaya's ex-CEO David Baazov has sold seven million common shares amounting to $98.6 million. Baazov founded the Montreal-based gaming company and once acted as its CEO, but encountered legal troubles.

The sale leaves Baazov's with 17.6 million shares. This represents a 12.1% overall stake in the company's issued and outstanding common stock.

Read more » Former Amaya CEO David Baazov Sells $98.6 Million Worth of Stocks

On Monday, Caesars Entrainment Corp., which runs casinos across the U.S., reported that they had made a loss of $466.4 million in second-quarter of 2014, compared with a prior-year loss of $212.2 million.

Read more » Caesars Reports Loss of $466.4 Million For Second Quarter

Anurag Dikshit is one of the founders of the leading online gaming company PartyGaming Plc. He has now decided to sell all his shares in the company after earlier this year announcing that he "only" would sell 2/3. The reason for this is that he wants to leave the betting industry and instead work with charity in Asia. 

Anurag Dikshit owns 28 percent (worth around £188 millions) of ParyGaming's stocks. All the money he makes from selling his share in the company will go to the charity foundation in Asia that he intends to work full-time with in the future.