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PokerStars financial report for Q3 of 2015 is here

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Garfed   Malta. Nov 21 2015 22:50. Posts 4818

Amaya Gaming, owner of PokerStars and FullTilt, published official financial report of PokerStars for the third quarter of this year. There is a very important information regarding the lowering of the expectations for the whole 2015, and the reasoning is the high price of the dollar to other currencies, which translates into lower spending power of customers.

In the middle of this year Canadian-based company expected revenue of 1.5 billion Canadian dollars, however after the report this amount was lowered by 13%.

This definitely can seem like bad news for David Baazov and his company, but looking at the rest of the report it's far from tragedy. During the last 3 months Amaya Gaming earned 325 million Canadian dollars! Amaya managed to do that by cutting a lot of expenses connected with PokerStars.

Bases on the report it's also interesting that over 2,2mln players took part in the poker games, with another half a million playing casino and sports betting.

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okyougosu   Russian Federation. Nov 22 2015 16:20. Posts 963

i hope that baazov degen will get a solid net dropping very next year. unfortunately, there are still too many casino degens and addicts are willing to feed amaya...

Lammerman 

Highcard   Canada. Nov 22 2015 22:29. Posts 5428

you are missing the all important link

I have learned from poker that being at the table is not a grind, the grind is living and poker is how I pass the time 

Highcard   Canada. Nov 22 2015 22:30. Posts 5428

if they made net 300mm in 1 quarter, than I guess it is possible they will pay off the $4b debt

I have learned from poker that being at the table is not a grind, the grind is living and poker is how I pass the time 

 



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