This new York Stock Exchange is one of two options for PokerStars and Amaya Gaming now. (Image: en.wikipedia.org)
It had previously been 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 a piece of the poker room giant through their publicly owned parent company. Now, the head of Amaya is considering offering investors a second solution to access it board with the company.
In accordance with Amaya CEO and chairman David Baazov, the organization is preparing on creating a twin listing that would cause the firm, including PokerStars, being open to investors on an exchange that is second.
‘There will be a dual listing,’ Baazov told the Sunday days recently, confirming the plan.
New York or London
Right now, Amaya is listed on the Toronto inventory Exchange, where it’s been traded for the past four years. However, the double listing would see Amaya also listed for trading either on the London Stock market or certainly one of nyc’s exchanges. At this time, no decision has been made on which exchange would be preferable to Amaya.
London will be a target that is likely however. Given the united kingdom’s central part in the on line gambling world, it is a home that is natural Amaya. In addition, most of the world’s largest video gaming businesses are exchanged as part of the gambling sub- Read more