Diamond Flush Poker
Howard’s interview with Diamond Flush Poker was scheduled to follow, but he cancelled on the eve before. What many people didn’t know was that I had already spoken to Howard, many times for many hours, both before and after his video was made. A free online version of High Card Flush. Practice for the casino. Try out strategies. Flush and Straight Flush bonus bets.
After months of speculation from the poker community, it’s now official… Oldford Group Limited, parent company of Rational Group, owner and operator of PokerStars and Full Tilt Poker, is being acquired by Amaya Gaming Group.
The total purchase price is $ 4.9 billion. The boards of directors of both Amaya and Oldford Group unanimously approved the agreement.
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The addition of privately held Rational Group, recognized as the world’s largest online poker business, will make Amaya Gaming the largest publicly traded online gaming company in the world. As stated in the joint press release, the transaction combines complimentary businesses with minimal overlap: Isle of Man headquartered Rational Group’s B2C poker business including PokerStars, Full Tilt Poker, live poker tours and events, and online and TV poker programming, and Montreal headquartered Amaya’s B2B interactive and physical casino and lottery gaming solutions. The combined pro forma revenue and EBITDA for calendar year 2013 of Amaya and Oldford Group were $ 1.3 billion and $ 474.8 million respectively.
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Under terms of the transaction, shareholders of Oldford Group, led by CEO Mark Scheinberg, will dispose of their shares to a wholly owned subsidiary of Amaya. Scheinberg and other principals of Oldford Group will resign from all positions with Oldford Group and its subsidiaries upon completion of the sale. Continue reading