Amaya Agrees to Acquire Rational Group for $4.9 Billion

Milo

BlondeFish;376354 wroteThe huge ramification for Canadians is that since Amaya is a Canadian public company that does business with the government lottery corporations who have their own poker site, it may be forced to stop offering PokerStars/FTP to Canadians! :o My friend - who is going to retire to become an online pro - and others may have to move out of Canada if they want to continue being Supernovas or pros.

westside8;376397 wroteThis is a potential (and scary) possibility as well. Or it'll turn into one of many Euro only sites potentially.

BlondeFish;376451 wroteAs notified by jontm, here is
THE MORNING AFTER AMAYA’S ACQUISITION OF POKERSTARS AND FULL TILT POKER

The needs of the many Americans outweigh the needs of the few Canadians, so Amaya will sacrifice Canada. So after withdrawing my entire Skrill balance into PokerStars, at some point, I'll have to withdraw my entire PokerStars balance just like Black Friday.

Not "exactly" what he was speculating on, but the effect is the same, so lets just start calling him Wettstradamus.

BlondeFish

Loto-Québec plans to legalize online poker sites :o

Hobbes

Marriage is consummated

Amaya Gaming Group Inc. | Amaya Completes Acquisition of Pokerstars and Full Tilt Poker

Over/Under till PS pulls out of Canada?

djgolfcan

Hobbes;378838 wroteOver/Under till PS pulls out of Canada?

They won't, they'll reach a deal to segregate Canadians from the rest of the world, like they have with other countries. Smaller player pool, smaller prizes.

moose

That doesn't make sense. It is either legal or illegal for Canadians to gamble online. What does keeping us from the rest of the world have to do with it?

djgolfcan

moose;378846 wroteThat doesn't make sense. It is either legal or illegal for Canadians to gamble online. What does keeping us from the rest of the world have to do with it?

Its what happened in France, Spain, etc.. Rather than shut out PokerStars and Full Tilt, etc, they regulated it, made it legal and taxed it. I suspect Canada will do the same.

BlondeFish

Agreed. Amaya will try to have an agreement with the government gambling corporations such as Loto Quebec, so that it will be business as usual for PokerStars/FTP for now - until online gambling regulation becomes a higher political priority.

moose;378846 wroteThat doesn't make sense. It is either legal or illegal for Canadians to gamble online. What does keeping us from the rest of the world have to do with it?

jontm

So received a nice little tip from ca.pokernews reporter Lane. Anyone else notice that right about when T8 questioned in VIP thread why sats stopped abruptly, all Stars branding has disappeared off upcoming Playground Festival web ads?

Montreal Poker | Playground Poker Club :: PokerStars Montreal Festival 2014

jontm

BlondeFish;376493 wroteCanadian Calvin Ayre predicted the purchase of PokerStars by Amaya. I would give him & his writers more credibility than phil ivey.

Police have raided several gaming companies in Canada before. I remember a not-so-smart friend whining to me about the police raiding the headquarters of an online gaming company that he bought shares of (Canadian-listed company like Amaya), and he is now deeply in debt.

Hey Philli:

http://www.pokerforum.ca/f8/pokerstars-vip-rep-thread-26032/index14.html#post378818

Also, reading about your boy bailing out triadish betting ring billionaires?

philliivey

jontm

Nope. I mean you. You were one saying Ayre doesn't know squat. You don't think this is all tied together?

philliivey

jontm;378983 wroteNope. I mean you. You were one saying Ayre doesn't know squat. You don't think this is all tied together?

No I did not.

Still waiting for examples of REAL online gaming companies being raided and not ones that were pretending to be online gaming but were in ILLEGAL stuff.

Still have no idea what you are talking about in your post, but typical long weekend.

philliivey

jontm

Maybe being a bit harsh but you wouldn't believe how frustrating it was when super affiliates gave me red flag warnings about FTP before the "crash", how I passed those warnings on to friends and then when they got burned had to share their suffering...how do you not be a dick about I told you so when you didn't want to see it happen.

Not saying this is the same. What I am saying is that Amya is now Canadian owned, therefore Stars is. I have first hand made mistakes to piss off regulators that nearly seen things shut down do to online involvement, so I know they don't fuck around.

It is a fact that both Canada & the USA are tightening their financial tracking laws and working together. That doesn't make online e-commerce or gaming illegal it just makes it more expensive for operators to do things legally at the end of the day, businesses don't often stay in things they can't profit at

It is a fact that Stars has found ways to segregate players by country/state globally to establish compliance with regulators in a win win relationship. So has BWIN party and 888, etc.

It is only speculation that this could happen here, or that they would have pull out short or long term to set up. It is a fact that if they don't, then people can ask why can't we set up our own Canadian based gambling operations?

BlondeFish

Your post below & about Calvin Ayre are what jontm, Hobbes & others have disagreed with you about.

My guess is that Amaya is negotiating with its customer Loto Quebec to try to get PokerStars/FTP to continue business-as-usual. This would be harder with a PokerStars-branded poker festival at Playground, who is killing the government-owned competition. The WSOP-C series in Quebec seems like a failure as it's not even coming back this season, while the upcoming ex-PokerStars Main Event has a guarantee of $1 million.

philliivey;376433 wroteI knew something was up by the way pokerstars employees have been acting or not posting at all for weeks and some of the recent actions lately.

compuease

Don't you know.... Philli has inside info...>:D

philliivey

BlondeFish;379003 wroteYour post below & about Calvin Ayre are what jontm, Hobbes & others have disagreed with you about.

My guess is that Amaya is negotiating with its customer Loto Quebec to try to get PokerStars/FTP to continue business-as-usual. This would be harder with a PokerStars-branded poker festival at Playground, who is killing the government-owned competition. The WSOP-C series in Quebec seems like a failure as it's not even coming back this season, while the upcoming ex-PokerStars Main Event has a guarantee of $1 million.

Have no idea what you all are on about still, But please stop making accusations.

Btw Jon stated what I was getting at in one of his above posts and I have not made any new comments or posts anywhere regarding the topic so no no one is disagreeing with me.

philliivey

compuease;379013 wroteDon't you know.... Philli has inside info...>:D

No, I have common sense unlike everyone else on this forum.

Don't know why I even got dragged into whatever today all of a sudden.

BlondeFish

I made no accusations - except for compuease eating the last oversized ice cream sandwich! See you at the poker room at Rama or Bill's.

philliivey;379018 wroteBut please stop making accusations.

BlondeFish

PokerStars set to pull out of Canada | Off Shore Gaming Association

If the source is correct then an announcement will come from Amaya in the next month or two indicating that the company will be withdrawing from Canada on a certain date. The company will announce that Canadian players will no longer be permitted to enter any events with a prize after that time and will also announce the last date Canadians can play in any PokerStars game.

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