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Amaya Gaming Continues Growth Amid “Unexpected” Events • This Week in Gambling
Rafi Ashkenazi, interim chief executive of Amaya, has said that the company was able to record year-on-year growth across a host of key finances during the three months through to March 31, despite having had to contend with a number of “unexpected challenges” in the period. Revenue in the first quarter amounted to $288.7 million (€254.8 million), which represents an increase of 6% on the $272.3 million posted in the same period last year. Adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) was up 8.7% year-on-year to $123.4 million, with net earnings from continuing operations rocketing 138.5% to $55.5...
This Week in Gambling