Amaya Says the Plan is Working as Casino Takes Group Revenue to New Highs Amaya Says the Plan is Working as Casino Takes Group Revenue to New Highs
Key Takeaways
  • Grouped together, casino and sportsbook revenue in Q4 reached $80m, a growth of 25% on Q3 and almost 60% growth year-on-year.
  • Poker, still the dominant vertical in Amaya’s portfolio, saw revenue decline. Q4 2016 revenue was down approximately 5% year-on-year, from $228.8m to $217.8m, and full-year results showed the same levels of decline.
  • Still, adjusted for a constant currency basis, Amaya states this decline almost entirely melts away—Q4 2016 is down just 1% and full year results are flat.

Amaya’s fourth quarter and full year results for 2016 show that soaring revenue in its casino vertical continues to more than offset any declines in poker, taking the company to historic revenue highs.