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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.



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NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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