Amaya's Preliminary Q3 Results Show Continued Transition to New Gaming Verticals Amaya's Preliminary Q3 Results Show Continued Transition to New Gaming Verticals
Key Takeaways
  • The group reports that total Q3 2016 revenue will be between $268m and $273m, an increase on approximately $247 million—growth of 7.8% to 9.5%—in group revenue during the same quarter in 2015.
  • Approximately 73% of total group revenue came from poker; extrapolating, that gives an estimated of $195.6m to $199.3m in poker revenue.
  • Its nascent sportsbook and casino games revenue now accounts for 24%, or $64.3m to $65.5m, of group revenue, it was estimated.

PokerStars parent company Amaya has published preliminary third quarter results and full year guidance, showing increased group revenues thanks to growth of casino and sportsbook.