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Amaya Agrees to Acquire Rational Group, Owner of PokerStars and Full Tilt Poker Amaya Agrees to Acquire Rational Group, Owner of PokerStars and Full Tilt Poker

06-12-2014 , 09:30 PM
Guys, it's in.

This is huge.

Quote:
Amaya Agrees to Acquire Rational Group, Owner of PokerStars and Full Tilt Poker, for $4.9 Billion

Amaya Gaming Group Inc.
3 minutes ago

Acquisition Creates World's Largest Publicly-Traded Online Gaming Company

MONTREAL, CANADA and ONCHAN, ISLE OF MAN, June 12, 2014 /PRNewswire/ - Amaya Gaming Group Inc. (AYA.TO) ("Amaya" or the "Corporation") and privately held Oldford Group Limited ("Oldford Group"), the parent company of Rational Group Ltd. ("Rational Group"), the world's largest poker business and owner and operator of the PokerStars and Full Tilt Poker brands, announced today they have entered into a definitive agreement (the "Agreement") for the Corporation to acquire 100% of the issued and outstanding shares of Oldford Group in an all-cash transaction for an aggregate purchase price of $4.9 billion (the "Purchase Price"), including certain deferred payments and subject to certain other customary adjustments (the "Transaction"). All $ figures are in US dollars unless noted otherwise.
http://finance.yahoo.com/news/amaya-...012400010.html
06-13-2014 , 12:03 PM
Ya, but what's it mean? Last roadblock gone for USA players? Same game integrity as Rational?
06-13-2014 , 06:37 PM
I see that there is a lot of speculation here about the impact of this news. I’d like to share some more details with you about how you as players will be impacted.

The short version is that there will be no significant impact on the player experience. We still plan to serve all current markets, including Canada, and to work to grow the game of poker globally.

We are also excited about the potential to be licensed in New Jersey and then begin serving players there quickly thereafter. I do not have a timeline to share, but can say that we believe that this purchase has a significant positive impact.

PokerStars and Full Tilt customer funds will continue to be held in segregated accounts, separate from operational funds, so you will know that your money is safe with us. The playing experience on both sites remains the same as it was yesterday. It is business as usual here at the Isle of Man office and at our other offices in Dublin, London, Paris, Malta, Costa Rica, and Sydney.

We will certainly miss Mark and Isai. As some of you have surmised, our founders established the culture and values that permeate every decision and every customer interaction. Though Mark and Isai are leaving, the culture and values remain, along with the nearly 2,000 staff who continue to turn our culture and values into action on a daily basis. Our entire leadership team is still in place, and I can assure you that we embrace these values whole heartedly.

While I only have responsibility for our PokerStars.com and shared liquidity poker rooms (.eu/.ee/.dk/.be), the continuity of leadership and staff extends to PokerStars.it, PokerStars.es, PokerStars.fr, and Full Tilt. To a person, we are all still here.

Will you see changes in your customer experience over time? Yes, of course! We have several projects already in progress and others that we are already in the process of completing, such as PokerStars 7. The people and values behind these two projects will also be behind our next improvements. A big part of our success over the years has been constant improvement of our product, and we plan to continue this tradition.

I still feel I was lucky to have the opportunity to transition from being a professional poker player to working at PokerStars. PokerStars was more than just my favorite online poker room, it was my favorite company. This is a feeling shared amongst many of our staff here, especially our poker room management team. We come to work with the mission of trying to maintain and improve the experience we had ourselves as customers. I have full confidence that this will continue to be the case for years to come, with full support from Amaya.

I do see some references here to casino and sportsbook. I can see why certain slides in the Amaya presentation linked earlier in the thread raise questions about our future plans relating to these products. Full Tilt has recently rolled out a wide variety of casino games, so it is not surprising to see such products referenced as areas of potential growth compared to the 2013 financial results.

Thank you for your continued support of PokerStars. And for those of you in New Jersey, I hope to see you soon at the tables!

Steve Day
Director of Poker Room Operations
PokerStars
06-13-2014 , 09:13 PM
Quote:
Originally Posted by Willyoman
This is huge.
This is as huge as the World Cup.
06-14-2014 , 01:52 PM
So basically, if PS does re-enter the US, NJ and CA are the only states along w/ a few smaller ones that can legally play. If you live anywhere else, it comes down to politics to allow it which could take years to legalize. It's a start, but if you don't live in NJ or CA, you're probably looking at a few more years just to be able to play.

With idiots like Quinn running things in IL, I'm ready to move back to FLA in a heartbeat because IL will be the last state to allow anything w/ poker.
06-15-2014 , 07:53 PM
Ive been witing for this!!!!!!
06-16-2014 , 01:06 PM
Quote:
Originally Posted by jussblaze420
So basically, if PS does re-enter the US, NJ and CA are the only states along w/ a few smaller ones that can legally play.
California? Since when?
06-16-2014 , 02:31 PM
Amaya has a deal with Golden Nugget Casino in Nevada will they make an effort to enter the NV Poker Market .
06-19-2014 , 05:51 AM
@Steve; will Amaya the tracking contracts, similar like you did when you took over FTP?
I really hope so. Would like not to pay anymore to my ****ty affiliate for doing nothing.
06-19-2014 , 06:33 AM
Quote:
Originally Posted by egoismforever
@Steve; will Amaya the tracking contracts, similar like you did when you took over FTP?
I really hope so. Would like not to pay anymore to my ****ty affiliate for doing nothing.
what? why are you paying your affiliate? you do realise it makes no difference to your account if you are tagged to an affiliate or not!

affiliates that refereed players to stars should get commission for the lifetime (as agreed), I hope stars don't shaft them like they did when they bought FTP.
06-19-2014 , 01:11 PM
@deancow

I certainly hope they do. My rake going partly to my affiliate is only drying out the pokerworld, seeing how there is not return.
Of course there are good affiliates around - i least i hope so. But still. I really hope they cut off mine.
06-24-2014 , 04:01 PM
Quote:
Originally Posted by jussblaze420
So basically, if PS does re-enter the US, NJ and CA are the only states along w/ a few smaller ones that can legally play. If you live anywhere else, it comes down to politics to allow it which could take years to legalize. It's a start, but if you don't live in NJ or CA, you're probably looking at a few more years just to be able to play.

With idiots like Quinn running things in IL, I'm ready to move back to FLA in a heartbeat because IL will be the last state to allow anything w/ poker.
yup what he said

trust me it will be years maybe 5+ still if at all till we get online poker back in the states if your that good to where your making a living just get up and move or go play live seriously
06-28-2014 , 07:46 PM
Quote:
Originally Posted by STinLA
California? Since when?
Not officially bur I just meant they'll be one of the next states before most others.
07-08-2014 , 02:01 AM
Quote:
Originally Posted by maxima1911
Amaya has a deal with Golden Nugget Casino in Nevada will they make an effort to enter the NV Poker Market .
Is nugget poker coming out soon?
09-29-2014 , 12:55 AM
Quote:
Originally Posted by PokerStars Steve
I see that there is a lot of speculation here about the impact of this news. I’d like to share some more details with you about how you as players will be impacted.

The short version is that there will be no significant impact on the player experience. We still plan to serve all current markets, including Canada, and to work to grow the game of poker globally.

We are also excited about the potential to be licensed in New Jersey and then begin serving players there quickly thereafter. I do not have a timeline to share, but can say that we believe that this purchase has a significant positive impact.

PokerStars and Full Tilt customer funds will continue to be held in segregated accounts, separate from operational funds, so you will know that your money is safe with us. The playing experience on both sites remains the same as it was yesterday. It is business as usual here at the Isle of Man office and at our other offices in Dublin, London, Paris, Malta, Costa Rica, and Sydney.

We will certainly miss Mark and Isai. As some of you have surmised, our founders established the culture and values that permeate every decision and every customer interaction. Though Mark and Isai are leaving, the culture and values remain, along with the nearly 2,000 staff who continue to turn our culture and values into action on a daily basis. Our entire leadership team is still in place, and I can assure you that we embrace these values whole heartedly.

While I only have responsibility for our PokerStars.com and shared liquidity poker rooms (.eu/.ee/.dk/.be), the continuity of leadership and staff extends to PokerStars.it, PokerStars.es, PokerStars.fr, and Full Tilt. To a person, we are all still here.

Will you see changes in your customer experience over time? Yes, of course! We have several projects already in progress and others that we are already in the process of completing, such as PokerStars 7. The people and values behind these two projects will also be behind our next improvements. A big part of our success over the years has been constant improvement of our product, and we plan to continue this tradition.

I still feel I was lucky to have the opportunity to transition from being a professional poker player to working at PokerStars. PokerStars was more than just my favorite online poker room, it was my favorite company. This is a feeling shared amongst many of our staff here, especially our poker room management team. We come to work with the mission of trying to maintain and improve the experience we had ourselves as customers. I have full confidence that this will continue to be the case for years to come, with full support from Amaya.

I do see some references here to casino and sportsbook. I can see why certain slides in the Amaya presentation linked earlier in the thread raise questions about our future plans relating to these products. Full Tilt has recently rolled out a wide variety of casino games, so it is not surprising to see such products referenced as areas of potential growth compared to the 2013 financial results.

Thank you for your continued support of PokerStars. And for those of you in New Jersey, I hope to see you soon at the tables!

Steve Day
Director of Poker Room Operations
PokerStars
And what's up with all the Team Pro Player cuts?

      
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