Ignition Casino was launched earlier this year, with games provided by Rival and Real Time Gaming, two of the biggest online casino/slots games providers in the industry. Poker software was provided by Bodog/Bovada, and as mentioned above, the website is almost identical to that of Bodog.
All of these elements indicate that the business was not set up on the cheap.
There is almost no corporate information that I could find regarding Lynton Limited, the name of the permit holder listed for Ignition Casino on the Kahnawake Gaming Commission website.
If the sale of Bovada poker to Ignition was an arms length transaction, then the cost must have been substantial, certainly in tens of millions, possibly even over $100 million.
Could Calvin Ayre still be the owner of Bovada? Possibly, but if so it seems a strange corporate decision to split off online poker from the other gambling games and shift it to a new site.