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PokerStars Parent Could Receive Second Stock Exchange Listing

Montag, März 2nd, 2020

PokerStars Parent Could Receive Second Stock Exchange Listing

The latest York Stock Exchange is one of two options for PokerStars and Amaya Gaming now. (Image: en.wikipedia.org)

It was previously that the online poker room that is biggest was privately held. The massive $4.9 billion buyout of PokerStars by the Amaya Gaming Group exposed the possibility for investors to obtain an item of the poker room giant through their publicly owned parent company. Now, the head of Amaya is considering giving investors a second way to get on board with the company.

According to Amaya CEO and chairman David Baazov, the company is planning on producing a double listing that would lead to the firm, including PokerStars, being open to investors on an exchange that is second.

‚There would have been a listing that is dual‘ Baazov told the Sunday instances recently, confirming the program.

New York or London

Right now, Amaya is noted on the Toronto inventory Exchange, where it is often traded for the past four years. However, the listing that is dual see Amaya additionally listed for trading either on the London Stock market or one of nyc’s exchanges. No decision has been made on which exchange would be preferable to Amaya at this time.

London could be a likely target, however. Provided the UK’s central part into the online gambling world, it’s a home that is natural Amaya. In addition, most of the world’s largest gaming organizations are traded as part of the gambling sub-sector there, includ (mehr …)