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Amaya CEO Pleads Not Guilty to Insider Trading • This Week in Gambling
David Baazov, the embattled CEO of Canadian online gambling company Amaya Gaming, has pled not guilty to the insider trading charges filed against him in March. On Monday, Quebec securities regulator Autorité des marchés financiers (AMF) confirmed that Baazov (pictured), two other individuals and three companies had formally filed written pleas of ‘not guilty’ to their combined 23 insider trading charges, each of which carries a maximum fine of up to $5m and up to five years in prison. AMF spokesman Sylvain Theberge told the Canadian Press that the guilty pleas had been received over the past couple weeks and...
This Week in Gambling