PokerStars Parent Could Receive Second Stock Exchange Listing

PokerStars Parent Could Receive Second Stock Exchange Listing

The newest York Stock Exchange is certainly one of two options for PokerStars and Amaya Gaming now. (Image:

It was previously that the online poker room that is biggest ended up being privately held. The massive $4.9 billion buyout of PokerStars by the Amaya Gaming Group opened the possibility for investors to acquire a bit of the poker room giant through their publicly owned parent company. Now, the head of Amaya is considering providing investors a way that is second get on board with the firm.

According to Amaya CEO and chairman David Baazov, the organization is preparing on creating a dual listing that would cause the firm, including PokerStars, being open to investors on an exchange that is second.

‘There will be a listing that is dual’ Baazov told the Sunday instances recently, confirming the master plan.

New York or London

Right now, Amaya is listed on the Toronto Stock Exchange, where it was traded for the past four years. But, the listing that is dual see Amaya also listed for trading either on the London Stock market or certainly one of nyc’s exchanges. No decision has been made on which exchange would be preferable to Amaya at this time.

London could be a likely target, however. Provided great britain’s central part within the on the web gambling world, it is a home that is natural Amaya. In addition, most world’s largest video gaming organizations are exchanged within the gambling su Read more

Jersey City $4.6 Billion Casino Resort Proposed for North Jersey

Jersey City $4.6 Billion Casino Resort Proposed for North Jersey

A casino in Jersey City could fight down competition from nyc in the Garden State casino market (Image:

Venture capitalist Paul Fireman wants to create a $4.6 billion casino resort in Jersey City, according to reports by the New Jersey press. State Governor Chris Christie recently declared his openness to your expansion of casino gaming into North Jersey, and it appears Fireman, who is a previous ceo of reebok and today runs Fireman Capital Partners, is working hard to make it work.

The businessman has been ending up in brand New Jersey politicians over the month that is past discuss his proposal for the 95-story hotel and casino rising above New York Harbor that could also feature a motorsports stadium and ‘the largest Ferris wheel into the globe.’

Atlantic City, which includes always had the monopoly on casino gaming since the first home opened there in 1978, has lately been in dire economic straits. Despite injections of cash and a plan that is five-year rejuvenate the city, spearheaded by Governor Christie in 2011, its casino market neglected to bounce back from the recession, as was indeed hoped.

Also, it was hit hard by new competition from neighboring states such as Pennsylvania, which has superseded New Jersey as the 2nd casino market that is biggest in the usa, after Nevada. And while Atlantic City casinos like The Showboat and Revel contemplate closure, Christie has evidently be Read more

UK Health Survey Shows Young Males Most at Risk for Problem Gambling

UK Health Survey Shows Young Males Most <a href=""></a> at Risk for Problem Gambling

While many Brits don’t consider buying a lottery ticket to be ‘gambling,’ well over 60 percent have participated (Image: BBC)

One in 20 British men involving the many years of 16 to 24 may be categorized as either a moderate risk or a problem gambler, showing that teenage boys are particularly vulnerable to gambling addiction issues, in line with the British’s Health and Social Care Information Centre (HSCIC).

Brits Like to Gamble

The findings of a recent study from the company undertaken as an element of a national public health study by the HSCIC summarized gambling as a ‘majority’ pursuit in the uk and showed that 68 % of men and 61 percent of women had gambled one or more times in the last 12 months.

On the whole, the findings show that those almost certainly to have little gamble here and you can find those aged between 24 and 75 years old.

However, the research also shows that one in six teenage boys in the UK population reported at least one of issue gambling last year, and more than one in ten males through the age bracket that is youngest stated they might chase their losses through wagering more cash.

‘The increased levels of gambling engagement among young guys highlights them as a group that is particular might be vulnerable to experiencing of gambling-related harm,’ noted the report.

Of those involved, a further one in 20 admitted feelings of guilt about their gambling habits, and many ev Read more