Tuesday, 24 April 2018

The Stars Group To Become World’s Largest Public Online Gaming Company

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The Canadian company that owns the world’s largest online poker site is about to become the world’s largest publicly listed online gaming company. The Stars Group Inc., which owns PokerStars and is listed on the Nasdaq and the Toronto Stock Exchange, announced on Saturday it will acquire Sky Betting & Gaming (SBG) from CVC Capital Partners and Sky plc in a cash and stock deal worth $4.7 billion.

Additionally, according to a Stars Group press release, the purchase of the UK-based sports betting and online gaming company will result in The Stars Group becoming the world’s largest publicly traded online gaming company.

In fact, The Stars Group Chief Executive Officer Rafi Ashkenazi said the acquisition represents an historic moment for the company:

“The acquisition of Sky Betting & Gaming is a landmark moment in The Stars Group’s history. SBG operates one of the world’s fastest growing sportsbooks and is one of the United Kingdom’s leading gaming providers. SBG’s premier sports betting product is the ideal complement to our industry-leading poker platform. The ability to offer two low-cost acquisition channels of this magnitude provides The Stars Group with great...


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# 3 PokerStars.com-- (Does decline the United States) There are a plethora of reasons we consider PokerStars the absolute most safe poker website, BUT THEY DO DECLINE THE U.S.A (other than New Jersey)! They were servicing US gamers since 2001 and are the world's biggest online poker website by a near 4-to-1 margin. On top of this, PokerStars is greatly managed and has a dominating live existence in nearly every country all over the world. They are licensed and controlled by the Island of Male, a British Crown reliance.



from Safest Online Poker Real Money https://www.uspoker.com/blog/stars-group-skybet/22842/
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