Amaya Confirms Full Tilt and PokerStars Player Pools Merger

Amaya Confirms Full Tilt and PokerStars Player Pools Merger

Canadian on the web gambling giant Amaya Inc. confirmed on Tuesday that its on-line poker brands PokerStars and Comprehensive Tilt will merge their player swimming pools to make a poker product that is single. Reports about a merger that is possible in several poker-oriented discussion boards earlier in the day this week. Amaya also said that the pooling of its brands will likely be finished this springtime.

The gambling business further explained it has decided on this move around in purchase to help you to pay attention to improving the operations of the market-leading that is single in the place of two separate ones. Therefore, it is in a position to provide players with better experience and to deliver innovations faster and effectively.

Both PokerStarts and Full Tilt are run by the Rational Group, a company started by entrepreneurs Isai and Mark Scheinberg and acquired by Amaya into the summer of 2014, after President and CEO David Baazov landed a unprecedented deal worth $4.9 billion.

In 2011, both brands, with PokerStars nevertheless owned by the Scheinbergs, were chased away from the US market in disgrace, after presumably supplying illegal gambling choices there and processing payments associated with the said services. As part of funds cope with the government, PokerStars consented to obtain all Full Tilt’s assets and also to forfeit the amount of $547 million more than a three-year period. Ever since, the two poker spaces have already been running as split brands. [Read more…]