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3 Mar by admin

PokerStars Parent Could Receive Second Stock Exchange Listing

PokerStars Parent Could Receive Second Stock Exchange Listing

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

It used to be 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 bit of the poker room giant through their publicly owned parent company. Now, the head of Amaya is considering providing investors a second option to can get on board with the company.

According to Amaya CEO and chairman David Baazov, the organization is preparing on creating a double listing that would bring about the firm, including PokerStars, being open to investors on an exchange that is second.

'There is a dual listing,' Baazov told the Sunday circumstances recently, confirming the master plan.

New York or London

Right now, Amaya is noted on the Toronto inventory Exchange, where it is often traded for the past four years. But, the listing that is dual see Amaya also listed for trading either on the London Stock Exchange or certainly one of ny's exchanges. At the moment, no decision has been made on which trade is better Amaya.

London could be a likely target, however. Offered great britain's central part within the online gambling world, it's a home that is natural Amaya. In addition, lots of the world's largest gaming companies are exchanged included in the gambling sub-sector there, including 88