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Amaya Gaming buys PokerStars for $4.9 billion
Amaya Gaming Group has just bought PokerStars which also includes Full Tilt Poker. The deal is worth $4.9 billion US and is the largest online gaming acquisition ever. The deal makes Ayama the largest publicly traded online gaming company around. On the Toronto Stock Exchange, the shares gained $5.96, or 42.3 per cent, to $20.04 which is a significant increase. The news has significantly spiked the stock value of Amaya which you can see on the Toronto Stock Exchange AYA. Rational Group Ltd. is the Isle of Man based company that sold the poker companies has been around for 14 years building PokerStars into a small poker website that eventually took over Party Poker as the number one poker room around. PokerStars still remains the largest online poker room and they have a strong presence around the world just not in the United States. PokerStars has a series of popular poker tournaments around the world and run many satellites online to promote them. You can read more about the official press release from Amaya.