Las Vegas Sun

November 24, 2014

Currently: 64° — Complete forecast | Log in | Create an account

Amaya Gaming Group to buy PokerStars in $4.9 billion deal

Image

Julie Jacobson / AP

Casino industry representatives and exhibitors watch an online poker game during industry’s G2E conference, Tuesday, Oct. 4, 2011, in Las Vegas.

Amaya Gaming Group Inc. surged to a record after agreeing to acquire PokerStars for $4.9 billion, in a deal that creates the largest publicly held online gambling company in the world.

Amaya, a little-known supplier of betting equipment and systems based in suburban Montreal, advanced 41 percent to C$19.78 at 11:04 a.m. in Toronto, after rising 46 percent for the biggest intraday jump since its market debut in 2010.

To see the full story, click here.

Join the Discussion:

Check this out for a full explanation of our conversion to the LiveFyre commenting system and instructions on how to sign up for an account.

Full comments policy