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Amayz 2015 FY details
Thursday January 21,2016 : ADJUSTED GUIDANCE FROM AMAYA POINTS TO MIXED EXPECTATIONS
2015 FY details expected soon.
Online gambling behemoth Amaya Inc., published an update today (Thursday) to its 2015 full-year financial guidance as previously announced on November 10, 2015.
Amaya said it anticipates full year 2015 revenues and adjusted earnings per share at the upper end of previous guidance, but that the adjusted net leverage ratio may fall within the lower end of the previously announced guidance range.
In November 2015 Amaya guided 2015 revenues in a range of $1.02 to $1.06 billion, topping a Wall Street estimate of $904 million. The company projected adjusted EPS in a range of $1.32 to $1.39, exceeding an estimate of $1.20. Shares in the company are at $10.02 in a 52-week range of $14.10 – $37.52.
The Wall Street Journal reports that Amaya stock decreased 4.66 percent or $0.49 during the last trading session, with the stock down on the Nasdaq 60.87 percent since June 16, 2015 and trending downwards. It has underperformed the S&P500 by 49.57 percent.
"There were no material changes to the assumptions used to determine the previously announced guidance or the update provided in this release," a company statement advised. "Such update is based on unaudited expected results."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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