PokerStars May Go Public

PokerStars may be the next online poker company to go public on the London Stock Exchange. The Scheinberg family, 75% owners of PokerStars, are reportedly considering an IPO amidst rumours of takeover bids by rival gaming companies.

The Scheinberg’s are reportedly looking to make some kind of move, whether it be an IPO or an outright sale of thier stake in the company, but recent buzz has been in favor of a public offering.

Analysts say the IPO could raise as much as $3 billion for PokerStars, who already have a reported annual profit of about $200 million.

PokerStars would join a long list of online poker rooms on the London Stock Exchange, including the operators of PartyPoker, Pacific Poker, and Paradise Poker.

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