Amaya Q1 Results Show Tournaments Generating More Revenues Than Cash Games Amaya Q1 Results Show Tournaments Generating More Revenues Than Cash Games
Key Takeaways
  • Amaya has released its first quarter results of 2015, showing revenues of CA$340 million plus another CA$30 million from “discontinued operations.”
  • The impact of Spin & Go tournaments on PokerStars revenues has been staggering.
  • “[W]ith player activity shifting from ring/cash games to tournaments including Spin & Go’s. Tournaments now generate a significant majority of PokerStars’ online poker gross gaming revenue.”

Amaya has released its first quarter results of 2015, showing revenues of CA$340 million plus another CA$30 million from “discontinued operations.”

The impact of Spin & Go tournaments on PokerStars revenues has been staggering. Pokerstars estimates that its share of the total online poker market has increased from 62% to 66% as the result of growth in tournament revenues.