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Amaya Inc. delivered First Quarter 2016 Results

AMAYA REPORTS Q1/2016 RESULTS

Remains focused on ongoing growth plans.

Amaya Inc. delivered First Quarter 2016 Results for the three months ending March 31, 2016.

Key performance indicators for the three month period ending March 31, 2016 (reflecting new currency format from Canadian Dollar to US Dollar) include:

-    A six percent increase in Total Revenue to $288.6 million (Q1/2015: $272.3 million).

-    Real-money online revenue increased 6.7 percent.

-    Real-money online poker revenues represented 75 percent (Q1/2015: 89  percent) of total revenues.

-    Real-money sport book revenue was 21 percent of total revenue (Q1/2015: 6 percent).

-    Adjusted EBITDA was $123.4 million (Q1/2015: $113.5 million, up 8.7 percent.

-    Net earnings from continuing operations amounted to $55.5 million (Q1/2015: 23.2 million), an increase of 138.5 percent.

-    Adjusted Net Earnings were $84.9 million (Q1/2015: 67.4 million), up 26 percent.

-    Total long term debit was $2.57 billion.

-    Customer registrations increased 2.5 million to total 102 million at the end of the quarter.

"Amaya remains focused," said Rafi Ashkenazi, interim chief executive officer of Amaya. "During the first quarter, we continued to execute on our growth plans despite unexpected challenges, including management changes and the ongoing strategic alternatives process.”

In a second quarter trading update for April 2016, Amaya Inc. estimates consolidated revenues to have reached $96 million, around 11 percent up on April 2015.  Of that, 77 percent of revenues were attributed to real-money online poker and 21 percent to real money online casino and sportsbook combined.



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3 Top Bitcoin Poker Sites - Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.

Kentucky Derby Odds: Justify still Favorite - With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.

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MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

Famous professional eSports player that turned into poker - It goes without saying that nowadays eSports is one of the fastest growing industries. However, similar to regular sports, the professional gamers are struggling to find themselves after their career is over.

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