Canadian Police raids Amaya offices

On December 11, the Royal Canadian Mounted Police and the Financial Markets Authority (AMF) have raided Amaya Gaming's Montreal offices. Several other companies, such as investment bank Canaccord Genuinity and insurance firm Manulife Financial have also been the target of the ongoing investigation.

Amaya gave the following press release following the raid:

''To provide clarification on a media report, Amaya Inc. (the "Corporation") (TSX: AYA) confirmed that the Corporation and its officers are cooperating with the Autorité des marchés financiers, the securities regulatory authority in the Province of Quebec (the "AMF"), in an investigation with regards to trading activities in Amaya securities surrounding the Corporation's acquisition of Oldford Group in 2014.

To the Corporation's knowledge, this does not involve any allegations of wrongdoing by the Corporation. Amaya will continue to cooperate, if and as requested, consistent with our practice to always cooperate with regulatory authorities.

The Corporation will continue to monitor the investigation if and as it proceeds. The investigation has had no impact on  Amaya's business operations, employees or companies.''