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Financing Future Growth

The extreme growth in the global online casino gambling industry has made the market incredibly interesting for potential investors looking for markets that have a lot of booming activity. The Amaya Technology Gaming Group put the company up for public offering this week and has received a great response so far. So far the company has raised Cdn $5 million as an immediate response to the IPO – this figure could grow in the coming weeks though as the investment groups and financers understand more about Amaya Gaming as well as the nature of the current industry and growth that global online casinos have experienced recently.

Amaya is an online casino technology development firm based and operating out of Montreal, Canada. The Canadian internet gambling industry in particular is a hot topic right now because of the number of provincial run online casinos that are planned to launch in the coming months as Canada begins to look at a more structured and regulated internet gambling industry. Amaya is well positioned in its current market to develop and launch innovative peer-to-peer gaming products that will nicely compliment the rise in internet gambling rampant in Canada right now. The money raised from the IPO will allow Amaya to expand and grow its product offerings.

The public offering was issued and conducted through Canaccord Genuity Corp and included other companies with a keen interest in supporting the growth of online casino and gaming technologies in the global market. Although Amaya has had some minor fluctuations in profits over the past couple of years, the company is stable right now and in a positive place for company growth and development.