Amaya Gaming’s casino and sports verticals take bigger bite out of poker

Canadian online gambling operator Amaya Gaming says it remains focused on developing its new verticals despite the intense media spotlight resulting from its absent CEO’s legal problems.

On Monday, Amaya released its results for the three months ending March 31, during which revenue rose 6% to $288.7m, adjusted earnings rose 8.7% to $123.4m and net earnings from continuing operations more than doubled to $55.5m.

It should be noted that this is the first report in which Amaya reported numbers in US dollars, and all comparative figures have been adjusted accordingly.

Amaya’s flagship PokerStars brand continued to set the pace, as poker accounted for 75% of real-money online revenue, while casino and the new BetStars sports betting product claimed a combined 21% share. Notably, that split was 89/6 in the same quarter one year ago.