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PokerStars Parent Could Receive Second Stock Exchange Listing

The New York Stock Exchange is 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 opened up 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 providing investors a way that is second get on board with the firm.

According to Amaya CEO and chairman David Baazov, the business is preparing on creating a twin listing that would result in the firm, including PokerStars, being open to investors on a 2nd exchange.

‘There will be a dual listing,’ Baazov told the Sunday Times recently, confirming the program.

New York or London

Right now, Amaya is listed on the Toronto inventory Exchange, where it is often traded for the past four years. But, the listing that is dual see Amaya additionally listed for trading either on the London Stock Exchange or one of nyc’s exchanges. At this time, no decision has been made on which change is preferable to Amaya.

London will be a likely target, however. Offered the united kingdom’s central part into the on line gambling world, it is a natural home for Amaya. In addition, most world’s largest video gaming businesses are traded as part of the gambling sub-sector there, including 888, Ladbrokes, William Hi (mais…)