David Baazov is a global entrepreneur interested in all things online gaming and technology. He grew up in Montreal, Canada, where he pursued multiple businesses. One of them was a software solution for online gaming called Amaya Inc, one of the leading online gaming giants across the industry.
Baazov always was interested in innovation and held it to a high standard throughout his long history of business building. From humble beginnings in independent sales, Baazov had multiple instances of starting successful companies. One of which was Amaya Inc., and it changed the world of online gaming as we know it.
Moving to Canada as an immigrant, Baazov had to start his businesses from the ground up. Although with his natural talent for mathematics and a keen sense of human behavior, he created opportunities to establish significant changes within the industries he improved structurally and financially.
Background in business enabled stronger plays
David Baazov established multiple businesses before Amaya Inc. was born. One of which was a computer-selling company. At first, this business needed help sticking in the market. And, with a healthy amount of passion and grit, Baazov later found the company at a $20 million valuation within five years of partnering with the Montreal Public Library. He supplied the library system with computers as public resources for visitors.
After exiting that company, Baazov started designing a startup-structure software business. He worked with a team of developers initially in 2005 to create an electronic gaming system that could be used worldwide. In the business’ beginning, cruise ships and land-based entertainment centers could buy the software to implement into their daily operations.
Like any founder, Baazov was unclear about how far this company would go. Amaya Inc., however, would later transform into one of the top online gaming solutions that people worldwide would use. So Baazov officially stepped into his role as CEO and saw his future success fast approaching.
Amaya Inc.’s success and role in the industry
In 2010, Amaya Inc. went public on the Toronto Venture Exchange. At the time, its revenue was $6 million, and it raised close to $5 million with its IPO. The Amaya Inc. board was built with top industry leaders, one of whom was General Wesley Clark himself, a previous US presidential candidate.
Later, between 2012 and 2013, Amaya Inc’s stock price impressively increased from $3.5 to $7. These numbers were groundbreaking for the market. Baazov had created one of the most successful companies in the online gaming industry.
Throughout the company’s history, Amaya Inc. experienced sky-high jumps in revenue, pushed out revolutionary solutions to the online gaming market, and focused on customers so much that the player return rates were practically unmatched. Based on multiple reports, Amaya Inc. was the leader in the industry – boosting many aspects of the market creatively and economically.
With the rise of widespread Internet use and interest in gaming worldwide, Amaya Inc. took it upon itself to improve many qualities of the gamer experience. Amaya Inc. understood the most vital needs of the consumer audience and because of this, Amaya Inc. has experienced a series of large acquisitions throughout its history due to its vast knowledge and sharp techniques to keep players engaged.
Inspiration gleaned for global company leaders
Finding a market and pioneering innovation to suit it can be a long-winded procedure with no promise of success. David Baazov effectively found a place in the online gaming industry where his services were needed enacted all the best business practices to reach the top.
From partnering with other prominent names in the field to building executive teams with vetted professionals, Baazov created what the world knows today as a trailblazer in online gaming. His path of building businesses from the ground up made way for Amaya Inc. to become the main act in a busy market.
With a healthy balance of financial knowledge, creative initiative, and consumer audience understanding, Baazov provides perspective for other companies looking to proliferate. Although Baazov started toward the bottom of the business ladder, his climb was spectacular.
David Baazov is an inspiration to other leaders in the field of online gaming. Industry professionals still look to him for lessons on persevering through building global businesses, solutions, or products. With high levels of determination, Baazov showed the world, and other large companies, how to build an entity that truly caters to a market’s needs on a global scale.
“Unapologetic communicator. Wannabe web lover. Friendly travel scholar. Problem solver. Amateur social mediaholic.”