Short Stacks: PokerStars Hits the Racetrack, UAE to Allow Gambling

PokerStars joining a race car team, the United Arab Emirates allowing casinos, and an intern opportunity for college students at Station Casinos, are some of the news bits CardsChat picked up during another orbit around the poker world over the past week. PokerStars’ logo will be plastered somewhere on Red Bull’s gorgeous racing machine. (Image: Red Bull) PokerStars is heading to the race track as part of a multi-year sponsorship deal with Red Bull’s Formula 1 team.

The popular poker site’s logo will appear on fire suits of drivers Sergio Perez and Max Verstappen and their new RB18 car, which is set to premier in Bahrain in March. Verstappen is the 2021 Formula 1 World Champion and was named the series’ driver of the year, although fans of Lewis Hamilton would disagree he deserved the honor.

Either way, the deal announced last week gives a glimpse into the mind of Dan Taylor, CEO of PokerStars’ parent company, Flutter. “Part of our vision for PokerStars is to create the world’s most epic casino, built on player experiences, giving our community moments they’ll never forget,” Taylor said in a press release.

Epic casino, poker fans. Epic casino, not poker room. Casino.

Flutter, which purchased PokerStars for $6 billion in 2019, is the world’s largest online gambling provider in terms of revenue, according to financial advisor Round Hill Investments . Flutter’s portfolio of online gambling companies includes Betfair, Paddy Power, Sportsbet, TVG, and FanDuel, and is worth around $25 billion . United Arab Emirates to allow gambling

The UAE’s tourism announced the formation of a new Department of Entertainment and Gaming Regulation on Tuesday, meaning casino gaming is coming to the Islamic nation.

The announcement coincides with Wynn Resorts and UAE developer Marjan announcing a partnership to build a multi-billion dollar complex on the man-made island of Al Marjan near Dubai. The 1,000-room resort will include an area for “gaming,” according to the press release, and is scheduled to open sometime in 2026.

A 500-room Caesars Palace opened in Dubai in November without a casino, but that will certainly change. Tribes partner for casino in California

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