Day: February 5, 2024

Games News

Amaya strikes deferred payment deal with former PokerStars owners Scheinbergs

Canadian online and land-based gaming company, Amaya Gaming, have recently announced that they’ve finally outlined an agreement with Isai Scheinberg and his son Mark over the 197.7 million in deferred payments they owe to the family. The deal was reached just in time before February 1st – the set date for all remaining payments stemming from the sale of Rational Group LTD .

The Scheinbergs were the founders of popular Poker and gambling platforms PokerStars and Full Tilt Poker which were registered under their Rational Group Company. The company and its two main platforms were sold in 2014 to Amaya, who agreed to pay a total of $4.9 billion for the purchase. Per the agreement, Amaya paid $4.5 billion upfront, while the rest ($400 million) was agreed to be paid no la…

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