{"id":22238,"date":"2014-06-12T19:38:53","date_gmt":"2014-06-12T19:38:53","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=22238"},"modified":"2014-06-19T15:39:50","modified_gmt":"2014-06-19T15:39:50","slug":"pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/","title":{"rendered":"PokerStars Buyout by Amaya Gaming Imminent; Stock Trades Halt"},"content":{"rendered":"<figure id=\"attachment_22246\" aria-describedby=\"caption-attachment-22246\" data-style=\"width: 256px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-22246 size-full\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/06\/pk.jpg\" alt=\"Amaya Gaming PokerStars Blackstone\" width=\"256\" height=\"197\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/06\/pk.jpg 256w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/06\/pk-142x109.jpg 142w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/><figcaption  id=\"caption-attachment-22246\"class=\"text-description\">Rumors of an imminent acquisition by Amaya Gaming of PokerStars could be a major game-changer in the US online poker market. (Image: codigopoker.com)<\/figcaption><\/figure>\n<p style=\"color: #666666;\">After a hefty 28.7 percent two-day stock spike, Canadian technology group Amaya Gaming&#8217;s stock trading was halted amidst industry rumors of an imminent PokerStars buyout &#8211; a <a title=\"Amaya Gaming Rumored To Talking PokerStars Acquisition - calvinayre.com May 2014\" href=\"http:\/\/calvinayre.com\/2014\/05\/24\/business\/amaya-gaming-and-pokerstars-talking-acquisition\/\" target=\"_blank\">rumor<\/a> that&#8217;s been circulating for several weeks now. With hints that global investment underwriter Blackstone Group is behind the $1 billion funding of the key acquisition, it appears the deal could be announced officially within 24 hours, although no one from any aspect of the deal has commented as of this writing.<\/p>\n<p style=\"color: #666666;\">It&#8217;s believed that the motivation for the vital buyout is to give PokerStars and parent company Rational Group a better chance at the US online gaming market. Ever since the events of Black Friday and the ensuing Department of Justice issues with several <a title=\"Onine Poker Sites Settle with Feds - money.cnn.com\" href=\"http:\/\/money.cnn.com\/2012\/07\/31\/technology\/online-poker-settlement\/\" target=\"_blank\">key figures<\/a> who still have some PokerStars involvement, that integrity cloud has hovered over the major Internet player, and to date, has precluded their re-entry into the potentially massive American online poker market.<\/p>\n<p style=\"color: #666666;\">With Amaya&#8217;s name on the doorplate, PokerStars may look more appealing to regulators who are wary of anything even slightly off-base in the current precarious and ever-changing online gaming market; New Jersey recently made their &#8220;nothing but regulated sites&#8221; stance clear as a bell, and that seems to be the guiding tenet in the online gaming stratosphere right now.<\/p>\n<p style=\"color: #666666;\">Blackstone appears to have been a natural choice as an investment partner for Amaya in the buyout, having previously funded the company&#8217;s Cadillac Jack purchase &#8211; a slot maker &#8211; for a more modest $167 million, via Blackstone&#8217;s credit division, GSO.<\/p>\n<p style=\"color: #666666;\">Stay tuned for breaking developments in this story.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a hefty 28.7 percent two-day stock spike, Canadian technology group Amaya Gaming&#8217;s stock trading was halted amidst industry rumors of an imminent PokerStars buyout &#8211; a rumor that&#8217;s been circulating for several weeks now. With hints that global investment underwriter Blackstone Group is behind the $1 billion funding of the key acquisition, it appears [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":22246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,19,1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PokerStars Buyout by Amaya Gaming Imminent; Stock Trades Halt<\/title>\n<meta name=\"description\" content=\"As rumors circulate of Amaya Gaming buyout of PokerStars that could help their re-entry into the US gaming market, stock trading comes to a screeching halt.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PokerStars Buyout by Amaya Gaming Imminent; Stock Trades Halt\" \/>\n<meta property=\"og:description\" content=\"As rumors circulate of Amaya Gaming buyout of PokerStars that could help their re-entry into the US gaming market, stock trading comes to a screeching halt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2014-06-12T19:38:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-06-19T15:39:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/06\/pk.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"256\" \/>\n\t<meta property=\"og:image:height\" content=\"197\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/\",\"url\":\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/\",\"name\":\"PokerStars Buyout by Amaya Gaming Imminent; Stock Trades Halt\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/06\/pk.jpg\",\"datePublished\":\"2014-06-12T19:38:53+00:00\",\"dateModified\":\"2014-06-19T15:39:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"As rumors circulate of Amaya Gaming buyout of PokerStars that could help their re-entry into the US gaming market, stock trading comes to a screeching halt.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/pokerstars-buyout-by-amaya-gaming-imminent-stock-trades-halt\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/06\/pk.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2014\/06\/pk.jpg\",\"width\":256,\"height\":197,\"caption\":\"Rumors of an imminent acquisition by Amaya Gaming of PokerStars could be a major game-changer in the US online poker market. 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