UPDATE 1-Amaya posts huge jump in adjusted profit; seeks Nasdaq listing

March 31, 2015 1:11 PM

68 0

TORONTO, March 31 (Reuters) - Amaya Inc, which recently acquired online gambling sites PokerStars and Full Tilt, reported a near eight-fold rise in quarterly adjusted earnings on Tuesday, and outlined plans to seek a secondary listing on the Nasdaq.

The Montreal-based company said it plans to win new clients and supplement growth from its core poker business through expansion into other areas such as sportsbetting, social gaming and fantasy sports.

Also read: At Facebook, Median Pay Tops $240,000

Read more

To category page