The parent organization of online poker titans, PokerStars and Full Tilt, Amaya, just revealed an incredible initial quarter! Their earnings skyrocketed by 18.5%, primarily due to a surge of fresh participants – an astounding 3 million enrolled, boosting the total to a remarkable 111 million! It’s not merely newcomers; the quantity of engaged players also climbed by 5%, reaching approximately 27 million. This enthusiasm converted into a revenue leap of 10%, hitting $31.73 billion for the quarter – surpassing even analyst projections! Amaya’s chief executive, Rafi Ashkenazi, is understandably ecstatic, crediting their triumph to a keen emphasis on expansion and bolstering their central leadership. However, they’re not becoming complacent; Amaya is also rebranding as “The Stars Group Inc.” to embody its ambitious aspirations. It’s evident that Amaya, or rather The Stars Group, is wagering significantly on its future, and with these figures, it appears to be a safe bet!
The firm has remained silent concerning the suggested title switch, merely indicating that investors will cast ballots on the issue at the forthcoming yearly assembly.