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Amaya Q3-2016 Earninhs

AMAYA RELEASE PRELIMINARY THIRD QUARTER RESULTS

Continued growth in sportsbetting and casino verticals.

Amaya Inc. has cautiously released a selection of preliminary results based on its “managements initial review of operations and performance”.

Key performance indicators for this set of preliminary results, covering the three month period ending September 30 2016, include:

-    Total revenues of between $268 to $273 million, as compared to approximately $247 million of total revenues for the third quarter ended September 30, 2015.

-    Real-money online poker revenues and real-money online casino and sportsbook combined revenues are expected to represent approximately 73 percent and 24 percent of expected total revenues for the quarter, respectively, as compared to 81 percent and 15 percent for the prior year period.

-    Total combined Quarterly Real-Money Active Uniques (QAUs) of 2.4 million, represent an increase of approximately 5 percent y-o-y.

-    Around 2.3 million QAUs played online poker during the quarter, representing an increase of around 3 percent y-o-y.

-    Amayas online casino offerings had around 490,000 QAUs and its emerging online sportsbook offerings had approximately 230,000 QAUs.

-    Total Quarterly Net Yield of $110 to $111, which would represent an increase of 4 percent to 5 percent y-o-y.

"We anticipate our third quarter performance will continue to demonstrate the improving strength of PokerStars core poker business, as well as continued growth in our new verticals of online casino and sports betting," Rafi Ashkenazi, chief executive officer of Amaya, said in a press statement.

Looking ahead, Amaya said its four strategic priorities, identified at the start of the fiscal year, remain.  These comprise growth of its leadership position in poker, aspirations to lead in online casino, the building of a competitive online sportsbook and the achievement of operational excellence through improved efficiencies.

Amaya further stated its expectation in terms of full year guidance for 2016.  These include:

-    Revenues of $1,127 to $1,157 million.

-    Adjusted EBITDA of $490 to $510 million.

-    Adjusted Net Earnings of $332 to $352 million

-    Adjusted Net Earnings per Diluted Share of $1.71 to $1.82.

Full, audited results are expected to be released on November 14, 2016.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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