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PokerStars Parent Could Receive Second Stock Exchange Listing

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PokerStars Parent Could Receive Second Stock Exchange Listing

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

It was once that the biggest internet poker room ended up being privately held. The massive $4.9 billion buyout of PokerStars by the Amaya Gaming Group exposed the possibility for investors to acquire 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 get on board with the firm.

Based on Amaya CEO and chairman David Baazov, the company is planning on creating a twin listing that would result in 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 days recently, confirming the plan.

New York or London

Right now, Amaya is noted on the Toronto inventory Exchange, where it has been traded for the past four years. However, the dual listing would see Amaya also listed for trading either on the London Stock market or certainly one of New York’s exchanges. At this time, no decision has been made on which trade will be preferable to Amaya.

London is a likely target, however. Offered the united kingdom’s central role within the online gambling world, it is a natural home for Amaya. In addition, most of the world’s largest gaming businesses are traded as part of the gambling sub-sector there, including 8 Read More