Amaya Inc. is looking to expand into the Indian online poker market through PokerStars, which will launch in the country later in 2017.
The possibility of lifting California’s ban on online poker seems far from happening as PokerStars has stopped pushing for it.
PokerStars parent company is seeking to improve its 2016 growth in other areas like its sports betting and casino businesses.
Former Amaya CEO, David Baazov announced that he cut stake in the company as he sold nearly US$100 million worth of stock.
The company has decided to exit the country untill it can bid for a license as online gambling is soon to be regulated.