Proposed Amaya Board Nominee Withdraws

Sun, Jun 19, 2016

A man who had been proposed as a board member of Canadian online gaming provider Amaya Inc. has withdrawn his candidacy. Paul McFeeters cited personal resigns for pulling from the race.

Canada-based online gaming provider Amaya Inc. announced last week that proposed board nominee Paul McFeeters has withdrawn his candidacy due to personal reasons.

The company has proposed media and broadcast consultant David Lazzarato, 60, to step into his place when the board votes on June 28. A Toronto, Ontario, resident, previously served on the board from 2009-2013. He does not hold any Amaya shares.

Amaya (NASDAQ: AYA; TSX: AYA) owns the online gaming site PokerStars.

The company is considering going private and investors will hear the proposal from former CEO David Baazov, who recently took an indefinite leave of absence to defend himself against charges of insider trading in Quebec.

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