Twitter has been going apeshit about this today. At first, they were saying it was around $1 billion but know the guy from ESPN is saying that they have an agreement with Amaya for $4.9 billion. Real or bullshit? Any thoughts?
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Twitter has been going apeshit about this today. At first, they were saying it was around $1 billion but know the guy from ESPN is saying that they have an agreement with Amaya for $4.9 billion. Real or bullshit? Any thoughts?
Dang! $1 billion is way too low and $5 billion seems about right. Seems a bit crazy to even sell this cash cow though imo.
Hopefully this somehow helps with getting poker regulated nationwide in the U.S
PokeStars Being Acquired?
http://pokerfraudalert.com/forum/sho...Being-Acquired
Amaya is a much smaller company. This is just PokerStars selling to a shell company hoping they will be allowed into the USA.
Should be a lock that PokerStars and Full Tilt will be allowed back into the USA. Since Amaya already has a foothold in NJ and Nevada it looks like they'll be able to circumvent any "bad actor" clauses that these states initially passed to keep Stars and FTP out in the first place.Quote:
Originally Posted by bukowski72
Correct this is the reverse take over that was discussed last week. Essentially this creates nothing more then a smoke and mirrors distraction to bury Issa Sheinberg's involvement anymore.. He'll still be the puppet master in reality but much like in the movie Casino where Deniro's character got screwed and basically banned by the NGC. (in this case Scheinberg) will likely be in a non-management position potentially as a consultant who knows in order to placate the regulators, that as stated before would in fact eliminate the bad actor clause that would've kept PS and FTP out of the US markets for a significant period of time..Quote:
Originally Posted by bukowski72
Nice to see the Blackstone Group involved. They are heartless bastards. Got this nice grouping of big names doing the financing:
"Amaya, based in based in Pointe-Claire, Quebec, lined up financing from lenders including Deutsche Bank AG (DBK), Barclays Plc (BARC), Macquarie Group Ltd. and Blackstone Group LP. (BX)"
No way Adelson will try and fuck with them.
Good Article on the takeover:
Amaya Soars to Record After $4.9 Billion PokerStars Deal
By Christopher Palmeri Jun 13, 2014 11:38 AM ET
http://www.bloomberg.com/news/2014-0...lion-deal.html
Prolly bad timing on my part
On Thursday, June 12, 2014, <security@pokerstars.com> wrote:
Dear limitles,
Thank you for your e-mail.
We have already fully reinstated your account however due to the previous eCheck returns, your account currently has a restriction which will not allow you to access recently deposited funds by eChecks only after those deposits clear from your bank after 10 days. Please note that as a result of receiving eCheck returns, your account will require 3 successfully cleared eChecks deposits before we can review your request and lift the restriction on your account.
Should you require further assistance please contact us at your most convenient time.
We apologize for any inconvenience caused.
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————————————————————————————————————
limitles@bitemyass.com
To: security@pokerstars.com
Re” PokerStars Security - eCheck Deposits - Unable to Remove Restriction
DROP DEAD