In the same week that PokerStars announces long-awaited New Jersey online poker platform, Amaya CEO faces charges of market manipulation.
Amaya stock went down 20% today. After trading resumed today, Amaya’s stock plummeted, wiping out all gains since the PokerStars deal was announced. The shares fell by more than 21 per cent to $14.64, amounting to a loss of more than C$524 million in value.