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Amaya Gaming Soars to Record on $4.9 Billion PokerStars Deal

Amaya Gaming Group Inc. surged to a record after agreeing to acquire PokerStars for $4.9 billion, in a deal that creates the largest publicly held online gambling company in the world.

Amaya, a little-known supplier of betting equipment and systems based in suburban Montreal, advanced 42 percent to C$20 at the close in Toronto, an almost doubling of the stock price in a week.