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David Baazov will not run for CEO position at shareholder meeting

In addition to Baazov, financial director Daniel Sebag is also leaving the company.

Admin - 2016. May 22.

In addition to Baazov, financial director Daniel Sebag is also leaving the company.

Amaya Gaming has announced that the CEO of the company, David Baazov will not run for his position again at the yearly shareholders meeting. The company also announced that Daniel Sebag, the financial director will also leave the company and they gave no reason for either decision.

Baazov has stated that he is leaving due to his intentions of purchasing Amaya but it's more likely that the pair are leaving the company due to the insider trading allegations by AMF. AMF is the trading regulator in Québec which believes that Baazov gave away privileged information prior to the purchase of PokerStars by Amaya.

Baazov has already given up control to Dave Gadhia (president) and Rafi Ashkenazi (director) in March and has stated that his departure will serve the company best and he can also concentrate on denying the allegations against him.

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