When PokerStars and Full Tilt were purchased by Amaya, it was clear that one of the major goals for their new owners was to bring those popular brands back to the United States.
Poker is big business and we make sure we cover the financial angle for you. Mergers, acquisitions and bankruptcy stories will all be found here so you know if your chosen poker room is on the up, or the slippery slope to becoming history.
When the Amaya Gaming Group initially announced that they would be purchasing the Rational Group for $4.9 billion, it may have seemed too outlandish to be true.
If you’re looking to get into a spending war with someone, Sheldon Adelson would seem to be one of the worst opponents you could pick.
There are plenty of Native American tribes in California that have been dying to get into the world of online poker.
The purchase of PokerStars (and the rest of the Rational Group) by the Amaya Gaming Group meant there would be a lot of changes for the world’s leading online poker site.
When the New Jersey Division of Gaming Enforcement suspended PokerStars’ online gaming license application, it appeared that all hopes for a partnership between the world’s biggest poker site and the Resorts Casino Hotel were lost, at least for the duration of the suspension.
When it was announced that Canada’s Amaya Gaming Group would be buying the Rational Group for $4.9 billion, it sent a shockwave through the online poker community.
The Amaya Gaming Group has announced that they will be purchasing the Rational Group, parent company of PokerStars and Full Tilt Poker, for a price of $4.9 billion.