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PokerStars releases new exchange product
PokerStars, which is owned by Flutter, released an Exchange product.
Flutter was previously called Paddy Power. In 2020 PokerStars became part of Flutter Entertainment, after in 2019 they merged with the Stars Group.
From now on players are allowed to not only make bets of their own, but also opposite other players. Also they will have a chance to cancel and place bets.
Exchange product will have Betfair Exchange’s same global liquidity pool. Locally regulated jurisdictions will have access to the exchange program during the year, but it will instantly be accessible with Pokerstars.com and Pokerstars.eu.
Richard Garrod from PokerStars said:
“Our aim is to always create new features for our players and the fact that we have the chance to do it with our partners is an honor for us. Our study showed that clients will love the exchange product and seventy percent of sports betting players said they are willing to take part in it.”
Later he added that after working hard and finally finishing the product they are excited to introduce it to the players. PokerStars exchange will provide customers with completely new sports betting chances together with worldwide sports fans. Players will also have all the comforts of a single account and wallet.