๐Ÿ’ PokerStars owner The Stars Group set for massive merger | News |

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The owners of Isle of Man based PokerStars have agreed to merge with the owners of Paddy Power to create the world's largest online betting.


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Trouble in international poker markets has led the Stars Group to reduce its head count on on the Isle of Man - while the local government.


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PokerStars decline see The Stars Group reduce IoM headcount. Ted Menmuir September 19, Europe, IGaming, Latest News Comments Off on PokerStarsโ€‹.


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The owners of Isle of Man based PokerStars have agreed to merge with the owners of Paddy Power to create the world's largest online betting.


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Up to 80 staff at PokerStars in the island have been told their jobs are potentially at risk, iomtoday has learned. But the e-gaming giant says it is.


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Trouble in international poker markets has led the Stars Group to reduce its head count on on the Isle of Man - while the local government.


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Trouble in international poker markets has led the Stars Group to reduce its head count on on the Isle of Man - while the local government.


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Trouble in international poker markets has led the Stars Group to reduce its head count on on the Isle of Man - while the local government.


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Up to 80 staff at PokerStars in the island have been told their jobs are potentially at risk, iomtoday has learned. But the e-gaming giant says it is.


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They moved to the Isle of Man because it was better from a Licensing perspective (and in fact, this is what saved the company during Black Friday, as the IOM.


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LC, for the record all Kaupthing depositors got their money back in full as it was a viable institution thrown under the bus by Gordon Brown using tactics so desperate, the relevant papers have all been 'sealed' and forever hidden from public view and scrutiny. The new merged firm will be listed on the London Stock Exchange. You can change flights - easyJet Airline easyJet has reassured Manx residents that all bookings can currently be transferred, while c World's biggest portion of chips, cheese and gravy created An island chef created the ultimate portion of chips, cheese and gravy during lockdown, weighing 14,{/INSERTKEYS}{/PARAGRAPH} The only good news is that maybe, just maybe, they will sponsor the airline between Dublin and IOM for their staff toing and froing in same way as London City! Over to you Skelly!! Many facilities offer outpatient or residential treatment options. LC is another alter ego of CV the angry troll. Could you explain how in fiscal terms it benefits the Isle of Man, particularly bearing in the mind the recent redundancy announcements followed by notice of transfer of senior management to Malta? I'm obviously missing a very pertinent point. The Seeker, aka The Stalker, go and lie down with Teddy. I think that the gaming sector in general I'm employed in this sector - full disclosure, and I'm British by birth also is generally helping the island attract top talent that it normally wouldn't be able to. Doctors are only just starting to understand how social media and online gambling effects the human brain, particularly among the 15, 16, 17 year age group as uncontrolled fixed odds betting terminals FOBTs known as the "crack cocaine of gambling" are increasingly coming under heavy criticism. Sound familiar to you? I work for a reasonably well know gaming company on island. Time they were kicked off here as well for their sad and aggressive trolling. I agree with PSG and that and their impending departure no matter what they might say is why we should never have become reliant on this iniquitous business! In total agreement LC, eloquently said and the sooner people realise how many dependencies rely on major employers like this the better. Flutter chairman Gary McCann will become chairman of the combined group while Flutter chief executive Peter Jackson will head up the firm in the same role. And ultimately our players are and always will be our primary concern, not haters like you. I don't choose to do it myself but each to their own. Sorry for any confusion. The new merged group will also be boosted by the partnership in the US, recently created between the Stars Group and Fox Sports. What does this mean for the IOM operations? You yap about things you know nothing about all the time. I think you out there that's cheering ought to take a long hard look at yourself. They're based in Canada by the way. So please do explain how these wonderful checks you refer to work for the benefit of everyone? Ramsey forecourt re-opens Many people in Ramsey and the north of the island will have been saddened when one of the best-known Thumbs-up for PokerStars' owner to merge with Flutter The company behind Paddy Power and Betfair will be allowed to go ahead with its plans to create the Business travel may never be the same Business travel may not be the same again after the Covid crisis has ended, it has been claimed. I'd be getting nervous if i'd just bought a big house on a Pokerstars salary. The combined group will be incorporated, headquartered and domiciled in Dublin with a listing on the London Stock Exchange and a secondary listing on Euronext Dublin. Will it boost our economy, somebody else's or simply the Stars Group bottom line? Following the transaction, Flutter said it will have customers in more than international markets. Not only that, but these people are net contributors to both the island and island life - I thank PokerStars and the island for changing my life, and it's incredibly sad for me to see the haters actually cheering the possibility of a net loss to the island. Nobody wants to read their pitiful trolling. It also comes amid a period of unprecedented change in the global betting industry, which has seen a raft of deals in recent years amid the rise in online gaming and regulation crackdowns. You just keep telling yourself that LC. I think it's an opportunity for the new company to invest in our wonderful island. I have no ill will towards the gambling industry. If you have an online gambling addiction, you need treatment from professionals who are trained to help you manage it. That's certainly how I'd expect it to place out over the next 2 years. This is not good news for the island. Treatment may involve a variety of methods, such as counselling, to help you build a path towards recovery. Good news for the Stars haters, perhaps, but actually it'll affect us all longer term. I trust you retain your job and remain On our lovely island. You probably don't truly believe it but maybe one day you'll fool yourself. CVs alter ego barking orders and trolling again. Why do you all assume I am being sarcastic! The merger is the latest in a series of deals as the gambling industry responds to the growing number of gamblers using online and mobile devices and the opportunity created by the relaxation of rules on sports betting in the United states. Ignore The Seeker, he has anger management issues and a vivid imagination. Actually, alan jakes, it is not at all unusual for CV to give us his rose-spectacled view of the IOM on practically a daily basis, particularly if it is something to do with IOMG, so I'd venture to say I had it worked out when I commented earlier. If the deal is approved by shareholders of the two firms, it is expected to complete in the second or third quarter of next year. So - cheer if you must - and criticise if you really must, but we are all professionals and take great pride in our work collectively. It's certainly good news for the Stars Group CV. As it happens I believe that the person in question spent a lot of that money on drugs and so forth, rather than gambling. {PARAGRAPH}{INSERTKEYS}Flutter - previously called Paddy Power Betfair - will own Rafi Ashkenazi, chief executive of the Stars Group will become chief operating officer of the combined group. To find online gambling addiction treatment resources look for addiction specialists and facilities that are experienced in treating this rapidly growing sickness. Well said LC. PSG, you practice what you preach. RichEader, the first post is from the idiot imposter. I hold myself and my colleagues to higher standards, and so do the regulators here - no players have ever lost money here on the island due to unethical or incorrect behaviour from a gaming operator. Shame they have not been banned from this platform too. Can't see the Isle of Man being part of paddy power's long term strategy. We us are just as entitled to live and contribute to this island as you are, and whether or not we work in gaming and by the way, the compliance regulations are way more strict than betting shops , I'd like to think that you'd acknowledge that we've done far less damage to society than, for example, these investment bankers who came close to ruining our way of life through their ignorance and lax regulation. Why is it automatically great news? According to the Royal College of Psychiatrists online gamblers are more likely to suffer from low self-esteem, stress-related disorders, anxiety , sleep deprivation, appetite loss, substance misuse personality disorders and depression. Doctors are only just starting to understand how social media and online gambling effects the human brain, particularly amongst the 15, 16, 17 year age group as uncontrolled fixed odds betting terminals FOBTs known as the "crack cocaine of gambling" are increasingly coming under heavy criticism. Can anyone say that about the banking sector, eg Kaupthing? Departure to Dublin of whole company now only matter of time! You have no proof or even knowledge if anything you have said. Just merely stating my point of view and standing up for me and my colleagues in the gaming industry on island. Note to "proudtobemanx" - kindly stop yapping about a subject you know nothing about! I'm ashamed of the haters, really, I am! The imposter is proving what a pillock he really is. I don't think that it's good news for the island at all. You really are an angry person and the saddest troller on here PSG, bitter and twisted greedy investors also suffer from a low esteem and a sense of injustice.