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Amaya (AYA) Prelim. Q3 Revenue Light of Views; FY16 Guidance Mixed to Consensus

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Amaya Provides Preliminary Third Quarter Results and Full Year 2016 Guidance

October 18, 2016 8:12 AM EDT

MONTREAL, Oct. 18, 2016 /PRNewswire/ - Amaya Inc. (NASDAQ: AYA; TSX: AYA) today announced certain preliminary results for the third quarter ended September 30, 2016 and provided full year financial guidance for 2016. Unless otherwise noted, all dollar ($) amounts are in U.S. dollars.

"We anticipate our third quarter performance will continue to demonstrate the improving strength of PokerStars' core poker business, as well as continued growth in our new verticals of online casino and sports betting," said Rafi Ashkenazi, Chief Executive Officer of Amaya. "Since earlier this year, our four strategic priorities remain... More

Amaya Provides Update on Special Committee Process

October 18, 2016 2:00 AM EDT

MONTREAL, Oct. 18, 2016 /PRNewswire/ - Amaya Inc. (NASDAQ: AYA; TSX: AYA) today said that the Special Committee of independent directors of Amaya's Board has announced the completion of its strategic alternatives review. Following an extensive review, upon the unanimous recommendation of the Special Committee, the Board concluded that at this time remaining as an independent publicly-traded corporation best positions Amaya to deliver long-term shareholder value.

In response to press speculation, Amaya and William Hill PLC (LSE: WHM) recently announced they were in discussions... More