History PokerStars launched
History Texas Hold'em PokerStars launched its beta play-money-only site on September 11, 2001. The company began offering real money wagering on December 12, 2001. Texas Hold'em PokerStars was originally a Costa Rican company, Rational Enterprises, which was majority owned by the Scheinberg family of Israel. The company was subsequently moved to the Isle of Man, a British Crown dependency. The move was driven by the establishment of a 0% corporate tax rate and the removal of rules barring companies from accepting casino and texas hold'em poker bets from America. Texas Hold'em PokerStars holds its licence with the Isle of Man Gambling Supervision Commission and also holds government licences in Denmark, France, Belgium, Italy, Estonia and Spain. On February 10, 2012, Texas Hold'em PokerStars acquired a European Union license granted by the Malta Lotteries and Gaming Commission.
Privately owned, PokerStars
Privately owned, Online Hold'em PokerStars has been the subject of financial media speculation regarding a possible initial public offering or merger with a publicly listed company. Analysts estimated its market value would have been approximately $2 billion (US) in 2004, which would have made the company one of the world's largest privately held gambling companies. Online Hold'em PokerStars overtook PartyPoker as the world's largest online online hold'em poker room at around the time the U.S. Congress passed the