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PokerStars Parent Could Receive Second Stock Exchange Listing

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 had previously been that the online poker room that is biggest ended up being privately held. The massive $4.9 billion buyout of PokerStars by the Amaya Gaming Group opened up the possibility for investors to have a piece of the poker room giant through their publicly owned parent company. Now, the head of Amaya is considering providing investors a way that is second can get on board with the firm.

Based on Amaya CEO and chairman David Baazov, the business is planning on producing a double listing that would end in the firm, including PokerStars, being open to investors on a 2nd exchange.

‘There is a listing that is dual’ Baazov told the Sunday days recently, confirming the master plan.

New York or London

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

London will be a target that is likely however. Given the united kingdom’s central role within the on the web gambling world, it is a normal home for Amaya. In addition, many of the world’s largest gaming organizations are traded within the gamblin Continue reading PokerStars Parent Could Receive Second Stock Exchange Listing