PokerStars owner Flutter Entertainment grabs majority stake in Junglee Rummy
Shortpedia
Content Team
Image Credit: Inc42
Flutter Entertainment, the parent company of global online poker giant PokerStars, has acquired a majority 50.1% stake in Indian online rummy operator Junglee Rummy for $66.2 Mn. Details of the acquisition were mentioned in Flutter Entertainment’s annual financial report for the fiscal year 2020. Junglee Rummy has long been the flagship product of Junglee Games, founded by Ankush Gera in 2012, with its HQ in San Francisco.
