PokerStars Parent Could Receive Second Stock Exchange Listing

PokerStars Parent Could Receive Second Stock Exchange Listing

The brand new 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 had been privately held. The massive $4.9 billion buyout of PokerStars by the Amaya Gaming Group opened up the possibility for investors to possess an item of the poker room giant through their publicly owned parent company. Now, the head of Amaya is considering offering investors a way that is second access it board with the company.

According to Amaya CEO and chairman David Baazov, the company is preparing on creating a dual listing that would end up in the firm, including PokerStars, being open to investors on a 2nd exchange.

‘There would have been a dual listing,’ Baazov told the Sunday circumstances recently, confirming the program.

New York or London

Right now, Amaya is noted on the Toronto inventory Exchange, where it was traded for the past four years. Nevertheless, the twin listing would see Amaya additionally listed for trading either on the London Stock market or one of ny’s exchanges. At the moment, no decision has been made on which exchange would be better Amaya.

London could be a target that is likely however. Provided the united kingdom’s central role into the on line gambling world, it is a home that is natural Amaya. In addition, lots of the world’s largest video gaming businesses are exchanged as part of the gambling Continue reading “PokerStars Parent Could Receive Second Stock Exchange Listing”