Paddy Power and Poker Stars owners to create online gambling leader
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DUBLIN (Reuters) - The owners of Paddy Power Betfair and Poker Stars have agreed to merge in an all-share deal that will create the world's largest online betting and gambling company by revenue to take advantage of the opening up of U.S. markets.Flutter Entertainment , formerly known as Paddy Power Betfair, is to combine with Nasdaq- and Toronto-listed Stars Group Inc (TSG) , owner of Poker Stars, the companies said on Wednesday. Following the merger, shareholders of Flutter would own..