Friday, 13 June 2014
There are major news stories in the poker world and then there a major stories and in the last 24 hours one such announcement has been made.
After weeks of speculation it's finally been confirmed that Amaya Gaming will be purchasing the Rational Group, the operators of PokerStars and Full Tilt Poker. Rumours about a takeover began to surface recently fuelled by some insider knowledge and rising share prices and everyone's thoughts were confirmed last night as PokerStars announced it would be bought out by Amaya for $4.9 billion. The acquisition is the largest in online poker history and could herald a new start for both PokerStars and Full Tilt (which is also owned by the Rational Group, a subsidiary of the Oldford Group Limited which controls both sites) in the US. Indeed, as part of the deal Mark Scheinberg and various members of the Oldford Group's executive team will resign; something which many believe will help the sites circumnavigate the "bad actor" clauses held against them in newly regulated US markets. From a business standpoint Amaya will now become the largest online gaming company in the world and with influences across the world it seems both PokerStars and Full Tilt could become even bigger in the future. From an operational point-of-view, the day-to-day running of PokerStars will remain unaffected and players will not notice any change following the acquisition. Additionally, players at Full Tilt will benefit from a wave of new online casino games provided by Amaya's stock of established titles. Aside from some financial dealings behind-the-scenes the biggest takeover in the online poker world appears to be complete but what the really means for the industry is unclear. With PokerStars now under the control of a major company it could mean we see a sifter return to the US market than first expected and another pocket of growth for the community as a whole in the coming months.
Juicy Stakes and Intertops Poker will hold their special May Day online poker tournament with a guaranteed $2,000 in the prize pool on May 1 and players are being offered the chance to qualify from Monday to April 30 via a series of satellites.
The Easter holidays are now upon us and Juicy Stakes and Intertops Poker are celebrating by holding a pair of special online poker tournaments.
Juicy Stakes and Intertops Poker will be launching their three-stage Vegas Milli Maker tournament series from tomorrow offering players the chance to win a prize package to compete in the upcoming Millionaire Maker event at the 48th annual edition of the World Series Of Poker (WSOP) in Las Vegas.
Intertops Poker and Juicy Stakes are about to kick off three-stage online satellite tournament series that are promising to award winners with prize packages to compete in the upcoming European Poker Championship in Velden, Austria.
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