PokerStars' deal unsettles competitors

Tue, 17 Jun 2014

PokerStars' deal with Amaya has sent reverberations around the London Stock Exchange as investors lose confidence in its competitors.

Rivals' stock dwindled on Friday as news of the agreement emerged, due to a belief that they'd be dwarfed if it gained entrance into the USA.

A much smaller company, Amaya is licensed in New Jersey - so it could be the ticket the Island-based company needs to get into the market.

Warwick Bartlett is the chief executive of Global Betting and Gaming Consultants he tells us more about the deal's significance: