The Financial Post, Bloomberg and Businessweek are among the outlets that have broken news about the takeover although details are light at this point.
Amaya Gaming, which manufactures gambling and systems, may present an opportunity for PokerStars to return to the US online poker market.
Amaya’s stocks have soared since the report surfaced earlier today, although neither company has commented on the speculation.
There have also been reports that Amaya Gaming is only interested in Full Tilt Poker, which PokerStars acquired in 2012 as part of a settlement with the US Department of Justice.
First Reports of Amaya/PokerStars Merger Back in May
CalvinAyre.com first reported that Amaya Gaming was in talks with the Rational Gaming Group, which owns PokerStars and Full Tilt Poker, back in May.
It would be an unusual deal for Amaya Gaming (which generated $155 million in revenue last year) considering PokerStars, which is privately owned, may in fact be worth more.
CalvinAyre.com speculated it may be a reverse takeover in the hopes of getting PokerStars back in the US market or perhaps some sort of merger.
Amaya Gaming’s stock was halted today at $13.03 after rising 32.84%. The halt is rumoured to involve both companies.
PokerStars may still be blocked from future online poker bills proposed in California, New York and Pennsylvania but it would likely be able to re-apply for a license in New Jersey.
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