Amaya reports strong 15H1 results

Thursday 13th of August 2015

Toronto listed Amaya Inc recorded a 5 percent increase in group revenues to CAD656 million ($501 million) for 15H1, as its customers embraced its non-poker offerings, the company said.

Amaya posted earnings before interest, taxes, depreciation, and amortization of CAD279 million during the period, combined with net earnings of CAD170 million.

“This was another exciting quarter for Amaya. Our core poker business remains strong and our customers have embraced our expansion into non-poker offerings,” said CEO David Baazov.

Amaya Inc said that it had added an aggregate of 1.9 million customer registrations during 15Q2. The operator further noted that it had recorded an increase in active customers to 5.7 million during the quarter.

The operator’s performance was driven by a gross deposits increase of approximately 4 percent on a constant currency basis, including approximately 7 percent on the PokerStars brand.

Detailing its corporate progress under Amaya Inc ownership, the operator noted that it had paid approximately $529 million of its long-term debt, reducing total debt from approximately $3.13 billion to approximately $2.60 billion.

Earnings & Filings Debt 15H1