PokerStars Owner buys Sky Betting and Gaming for $4.7 Billion [Page 2 of 2] - BankrollMob Poker Forum Community
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apr
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PokerStars Owner buys Sky Betting and Gaming for $4.7 Billion

Tags: PokerStars, Sky Betting, United Kingdom
Posted on Monday, April 23, 2018 by "T".
Stars Group Inc., the owner of PokerStars, has undergone a deal to buy Sky Betting & Gaming (SBG) for a whopping $4.7 billion. The move will result to the poker giant having a larger hold on sports betting, thus creating the biggest publicly listed online gambling company. With its main headquarters in Toronto, the Stars Group shall pay in both cash and stock to the owners Sky Plc and CVC Cap[...]   Read more » PokerStars Owner buys Sky Betting and Gaming for $4.7 Billion

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  26-Apr-18, 21:21   #21
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13699
No matter what changes have happened the last few years, all over the planet,
gambling is till and will be a huge industry.
The only reason for the changes was, to rearrange, in which pockets the money goes.

     
  27-Apr-18, 04:08   #22
  0 
ligador37 

Joined: Dec '11
Location: Uruguay
Age: 31 (M)
Posts: 397
The amount of money that drives this betting business is impressive. Pokerstars wants to cover everything! He is still a kid when it comes to sports betting, but little by little he will get his place. Unfortunately I do not know if it will be so good for the players. They will attract many and I think that less and less they will worry about the users, if they ever did.

     
  29-Apr-18, 16:17   #23
  0 
Gerimantas 
Joined: Jan '17
Location: Lithuania
Age: 61 (M)
Posts: 1751
For many players it is not very good to have a lot of companies with one owner, this is because many promotions not offer because it is not good business for owner. So like player i think it is not good news

     
  30-Apr-18, 16:28   #24
  0 
CALICUL 
Joined: Jan '14
Location: Romania
Age: 40 (M)
Posts: 4024
If pokerstars did not steal so much money from the players with various commissions that have increased or another methods then things will change for the better. I understand they stay pretty good in this industry but if they do not do something for the players, then they will suffer a lot. They buy completely different competitors but that does not help too much if they do not have a good tactic for amaya and his clients.

     
  30-Apr-18, 19:07   #25
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 47 (M)
Posts: 5940
PokerStars takes various attempts to occupy a leading place in the world of online games ..... Seeing in the example, a lot of poker rooms that also accept rates Pokstaroz decided to keep up with their competitors ..... the way is probably right but the most important thing is what will be the odds

     
  1-May-18, 00:09   #26
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 35 (M)
Posts: 6488
Posted by ligador37:
The amount of money that drives this betting business is impressive. Pokerstars wants to cover everything! He is still a kid when it comes to sports betting, but little by little he will get his place.

Sometimes they offer great odds on obscure events but I get the feeling that this is going to change now that Sky's traders are in the buiding as well being able to filter out the sharps.

     
  1-May-18, 14:15   #27
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 42 (F)
Posts: 13699
They are expanding all the time.
Wonder how many more companies they are going to acquire in the near future.
First they had only poker games, now they are in, in all the sectors of online gambling.
It wouldnt be a surprise seeing them in the "land" industry also...

     
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