— Betting on poker stocks has been one of the hottest topics of discussion for several years, with several major companies making moves in recent years.
The big three — Pa., the sports betting company owned by former Baltimore Ravens owner Steve Bisciotti — has been making moves.
It was one of those moves that made the headlines when the company announced in February that it had reached an agreement to acquire the popular online betting site PokerStars for $25.6 billion.
The deal is expected to close by the end of the year, according to people familiar with the deal who asked not to be identified because the agreement is confidential.
The deal is not expected to affect Pa. poker, which has had a strong showing in the online game, said a person familiar with Pa.’s plans.
“The company is excited to continue investing in our industry,” said Pa.
CEO Gary J. Hagerty in a statement.
“This transaction, which we expect to close in the coming months, will allow us to grow and expand our portfolio and invest in the future.”
While it is unclear how much the acquisition will change the industry, PokerStars shares have been trading up in recent weeks.
The company said it expects to announce the acquisition in the next few weeks.
Pa. has been a strong performer in the poker market, and the company’s stock has more than doubled in the past year, reaching a high of $6.43 per share on Wednesday.
The stock is up about 27 percent this year, while its rivals have lost more than 40 percent.
The online poker game has been in a tailspin for years, but the game has recently been seeing a resurgence as the technology behind poker has improved.
PokerStars has long held a position in the market, with its stock in recent months rising in line with other tech stocks.
Pa., which also has been involved in the U.S. market for decades, is one of four online poker companies in the top 10 online poker sites.
The other companies are BlackjackStars, PokerNexus, and Kinguin.
PokerNEXUS has long been a favorite of online poker fans, but has seen some recent changes in its business strategy.
Last week, it announced a major overhaul to its online poker strategy, including cutting its top management and bringing on new players.
It also announced that it will focus on expanding its online service to more markets and expanding its poker capabilities to new markets.
Pa. has also been one a growing number of big U.K. online poker players.
The company said last month that it would be closing down its U.k. website in 2019 and will be concentrating on expanding outside of the U: The company has recently begun investing in India, where it already has a strong presence.
It has also signed deals with American and European companies, including the sportsbook operator MGM.
PokerStars, which also owns the poker app PokerStarsLive, has also recently been getting a lot of attention from online poker.
In late 2016, it acquired a company called BlackJackStars, a competitor to PokerStars Live.
Pa.’lys move to acquire PokerStars last year raised some eyebrows in the industry.
BlackJackStars was one the most successful online poker platforms, with nearly 2 million customers and $4.5 billion in total revenues, according a report by the International Poker Federation.
The online poker industry is a $4 trillion market, the report said.
Pa.’s acquisition of PokerStars could help the company reach a larger audience, but it will not change its strategy.
Pa., which was the third-largest online poker company in 2016, said it plans to focus on building new games and adding new features to its service.
The firm has been working with its partners on new games in the recent past, including PokerStars, but will focus only on poker for the foreseeable future.
believes that PokerStars’ current strategy and approach to its games is not aligned with its long-term strategy, which will be driven by our vision for a stronger and more sustainable business,” a statement from the company said.
The company has also expanded its partnership with online gambling company BlackJack, which is currently owned by Bet365, to include gambling on mobile devices.
Blackjack has been trying to gain traction in the mobile gambling market, which includes smartphones and tablets, and has recently started offering online poker games in China, according the company.
Pa. is also one of several companies that have recently started to make moves in the gambling space, including Zynga and GoDaddy.