The Stars Group To Become World’s Largest Public Online Gaming Company

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The Canadian company that owns the world’s largest online poker site is about to become the world’s largest publicly listed online gaming company. The Stars Group Inc., which owns PokerStars and is listed on the Nasdaq and the Toronto Stock Exchange, announced on Saturday it will acquire Sky Betting & Gaming (SBG) from CVC Capital Partners and Sky plc in a cash and stock deal worth $4.7 billion.

Additionally, according to a Stars Group press release, the purchase of the UK-based sports betting and online gaming company will result in The Stars Group becoming the world’s largest publicly traded online gaming company.

In fact, The Stars Group Chief Executive Officer Rafi Ashkenazi said the acquisition represents an historic moment for the company:

“The acquisition of Sky Betting & Gaming is a landmark moment in The Stars Group’s history. SBG operates one of the world’s fastest growing sportsbooks and is one of the United Kingdom’s leading gaming providers. SBG’s premier sports betting product is the ideal complement to our industry-leading poker platform. The ability to offer two low-cost acquisition channels of this magnitude provides The Stars Group with great...

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Lots of online poker specialists have actually examined long and hard to discover any possible fraudulent activity. The theory recommends that there are more bad beats online and for that reason the video game is rigged. In reality, there are significantly more video games being dipped into one time online than in any live casino. The RNG is constantly at work, and online action is running much faster than any live game could ever run. Although it appears as though there is something awry, in fact your not sitting face to face with your challenger keeps you from becoming aware of the many qualities that give rise to different approaches to dealing with bad hands, or bad play in general.

from Safest Online Poker Real Money https://www.uspoker.com/blog/stars-group-skybet/22842/
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