Amaya Gaming $4,9 billion Pokerstars acquisition

  • This week one piece of news overtook the buzz from the ongoing WSOP. Amaya Gaming has reached an agreement with Ration Group on acquiring Poker Stars and Full Tilt Poker for $4.9 billion.

  • Biggest news of the week – Amaya buys Rational Group that is the owner of Pokerstars and Full Tilt Poker. Also, Sam Trickett talks to Pokernews and GPI in a Google Hangout.

    Rational Group and Amaya Deal

    This week Amaya Gaming reached a deal to purchase Rational Group, owner of Pokerstars and Full Tilt Poker for $4.9 billion dollars. Since the news hit, many poker prose have spoken out about how positive is this deal and even the sponsored pros confirmed that they knew nothing about the deal prior June 12 when the news were made public.

    So far, there is not much that is known for sure with mostly speculations going round.

    The deal should be finalized until September 2014 with Amaya getting the full control of Pokerstars, Full Tilt Poker, rights to live poker tournaments like European Poker Tour, Pokerstars Caribbean Adventure, Latin Poker Tour, etc.

    The Rational Group owners receive $4.9 billion in:

    • $1.642 billion of equity in the form of $1bn in convertible preferred shares and $642mm of common equity.
    • $2.9bn of committed debt, including $2.1bn in senior secured credit facilities and $800mm in a second lien term loan.

    Poker professionals expect that with Amaya, Pokerstars brand will find an easier way to U.S. online poker world.

    Will that be the case? We will (soon) see.
    What do you think might change? Can Amaya become a force to fight against Adelson’s campaign?

    Sam Trickett Google Hangout

    Last week Pokernews and GPI had a Google Hangout with Daniel Negreanu. This time it’s a poker pro from UK that has cashed for $20 million in poker tournaments, Sam Trickett.

    He answers some very interesting questions about football, lending money, high stakes cash games in Macau and more. Check out the discussion below:

    Half of the WSOP has passed already with Joe Cada (WSOP 2009 Main Event Champion) being the most recent winner in $10,000 6-max NL Hold'em event beating Jeremy Ausmus 2013 November Niner.

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