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Party Poker Merges to create Giant Company

Posted on by RTR Rachel

PokerStars has been the giant of the online poker world ever since taking this position from Party Poker a few years ago.  However, they might have to take a step back down on the poker room food chain following Party Poker’s recent merger. Party Poker’s parent company – PartyGaming – recently agreed to a merger with the Austrian gambling site Bwin that will take place in 2011.  The two companies finally agreed to terms on the merger this week, and Bwin will get 51.4% of the company while internet poker giant Party Poker will have a 48.36% stake in the …

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