Published On: Thu, Nov 20th, 2014

Amaya Hits the Jackpot with PokerStars Acquisition

PokerStars

Amaya made a good move acquiring Rational Group and now it has seen revenues rise an amazing 512% to 239 million over the mere 38 million the year before. Its adjusted income rose 91% to $70 million from just 6.8 million

PokerStars is seeing new success with new mobile subscribers. The Spin N Go product has been selling like mad and CEO David Baazov plans on including a sports betting product to the mix. The PokerStars acquisition has been immediately accretive and is hitting the company’s bottom line.

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