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[QUOTE="curtinsea, post: 2380174, member: 71787"]
This seems to be a popular fallacy. It may be the result, it surely is a goal of the new ownership, but it's not the reason for the sale.

"So Pokerstars can get back in the US . . . " does nothing for the seller, and it suggests some kind of altruism that is not credible. The seller is selling because the price is right, the time is right, and it's a good deal for the sellers. The price is well above value, and that is when/why you sell. You don't sell a business that is benefiting you greatly so that that business can go on to greater things without you. There is no logic to that at all.

Perhaps you aren't getting it because you think internet poker in the US is holy grail of internet gaming. That simply is not the case. The world market is quite profitable for Pokerstars, and will continue to be so under new ownership. Entry into the US is far from certain (although it would seem the door is now open in NJ; they are barred for a few more years in NV; the ball hasn't moved in CA), so to bank this kind of a deal on a possible future market in the US also defies logic.

The real money is in casino games . . . in NJ casino games generate almost 4x as much as poker. They have already indicated that an all new casino gaming platform will be rolled out. The world market first, then possibly the US.

Be that as it may, it's the same either way

We shall see, we've been down this road before, some promising looking development drives hopes up, but nothing really changes.

Baby steps.

It's not a bad thing by any stretch, but it's not the key to the candy store either.
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