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Tag Archives: Rational Group

Romania – PokerStars and BetStars approved for Romania

Rational Group has been approved for a long-term licence to continue to operate in the Romanian market by the country’s National Office for Gaming (ONJN). Amaya brands PokerStars and BetStars will continue to be available in Romania, while Full Tilt will no longer be available in the country to comply with regulatory requirements. Amaya Vice-President…

Isle of Man – Rational appoints Osskó as Betstars MD

Zeno Osskó has been appointed as Managing Director of Betstars, the online sportsbook brand of Rational Group, which also operates the PokerStars.com online poker brand. Mr. Osskó will join the company on September 12 and assume responsibility for the overall performance of the BetStars business. He has more than 10 years of online gaming experience…

UK – Games Marketing to provide Full Tilt and PokerStars with table content

Games Marketing has concluded a multi-year deal on behalf of its parent company Progressive Games Partners (PGP) to supply content to PokerStars and Full Tilt. PokerStars and Full Tilt will have access to a number of the company’s latest games, beginning with the roll-out of Double Ball Roulette and Heads-Up Hold’em in both single and…

Canada – Amaya completes Rational purchase

Amaya Gaming has now completed its previously announced acquisition of Oldford Group Limited, the parent company of Isle of Man-headquartered Rational Group, the owner and operator of the PokerStars and Full Tilt Poker brands, for US$4.9bn. “We are extremely pleased to have completed this Acquisition,” said David Baazov, Chairman and CEO of Amaya. “Through PokerStars,…

Canada – Amaya receives gaming regulatory approvals for Rational Group acquisition

Amaya Gaming Group has received all required approvals from the gaming regulatory authorities that currently license Rational Group, owner and operator of the PokerStars and Full Tilt Poker brands, in connection with Amaya’s previously announced acquisition of Rational Group. Amaya also announced that it has received conditional approval from the TSX regarding the Proposed Transaction…

Canada – Amaya increases offer of shares to fund Rational takeover

Amaya Gaming is upsizing a previously announced offer of convertible preferred shares with the net profits being used to help finance the $4.9bn buy out of the Rational Group, owner of PokerStars and Full Tilt Poker, announced earlier this month. The size of the offering was increased by $50m to approximately $180m from the previously…

Canada – Amaya buys PokerStars for $4.9bn

Amaya Gaming is to buy Rational Group; the world’s largest poker business and owner and operator of the PokerStars and Full Tilt Poker brands, from Oldford Group for US$4.9bn. The deal will result in Amaya becoming the world’s largest publicly-traded online gaming company. The online poker platforms PokerStars and Full Tilt Poker are collectively the…

UK – Leander Games to move Full Tilt poker into casinos

The Rational Group has selected Leander Games to provide a casino gaming platform and exciting game content for Full Tilt Poker as that site expands into casino gaming. The companies have already begun the technical integration to leverage Leander’s “LeGa” gaming platform to launch unique games as well as a selection of games from the…

US – PokerStars barred from New Jersey for two years

PokerStars will not be able to enter the New Jersey online gaming market for two years having had its application suspended by New Jersey’s Division of Gaming Enforcement.The company’s founder Isai Scheinberg is under indictment for Pokerstar’s operations in the US after the Unlawful Internet Gambling Enforcement Act of 2006. Lisa Spengler, Spokeswoman for the Division…