Amaya CEO: New Jersey a "Once in a Lifetime Opportunity”
Key Takeaways
  • Amaya Gaming has seen revenues rise 120%.
  • The new revenues haven’t turned into profits as the group showed a loss of $3.47m—which was blamed on provisions for income taxes.
  • CEO David Baazov admitted that executive attention had drifted from Europe to focus on the New Jersey market opening.
  • “New Jersey is a once in a lifetime opportunity and we have positioned ourselves to be a market leader in the state.”

Amaya Gaming has seen revenues rise 120% after an acquisitive year that saw it buy online poker network Ongame. The new revenues have not turned into profits as the group showed a loss of $3.47m—which was blamed on provisions for income taxes.