One of the largest gaming firms in the world was recently acquired by an Ireland-based entertainment company. The Stars Group, based in Canada, will be acquired by Flutter Entertainment, which will create one of the largest online gambling and betting companies in the whole world. The deal will be an all-stock deal, with Flutter shareholders owning roughly 54.64% of the new company and The Stars Group shareholders owning roughly 45.36%. The Stars Group was valued at approximately $9 billion in the deal, based on how the Flutter Entertainment share price was valued in London following the announcement of the deal. The deal is expected to close sometime in the second half of next year.