PokerStars Parent Could Receive Second Stock Exchange Listing

The New York Stock Exchange is certainly one of two options for PokerStars and Amaya Gaming now. (Image: en.wikipedia.org)
It used to be that the biggest on-line poker room ended up being privately held. The massive $4.9 billion buyout of PokerStars by the Amaya Gaming Group opened the possibility for investors to have a bit of the poker room giant through their publicly owned parent company. Now, the head of Amaya is considering providing investors a second method to can get on board with the firm.
Based on Amaya CEO and chairman David Baazov, the business is planning on producing a dual listing that would bring about the firm, including PokerStars, being open to investors on an exchange that is second.
‘There will be a listing that is dual’ Baazov told the Sunday Times recently, confirming the master plan.
New York or London
Right now, Amaya is noted on the Toronto inventory Exchange, where it’s been traded for the past four years. But, the listing that is dual see Amaya additionally listed for trading either on the London Stock Exchange or one of nyc’s exchanges. At this time, no decision has been made on which trade will be preferable to Amaya.
London could be a likely target, however. Provided the UK’s central role within the on line gambling world, it’s a natural home for Amaya. In addition, lots of the world’s largest gaming businesses are exchanged included in the gambling sub-sector there, including 888, […]
