Amaya swings to $201 million Q2 profit on large gain from assets sale

Online gaming company Amaya Inc. swung to a $201.4 million profit in the second quarter of its fiscal year as it recorded a large gain from the sale of assets since last year’s blockbuster acquisition of PokerStars – an online betting site. The Montreal-based company said it earned $1.01 per diluted share for the period ended June 30, compared to a loss of eight cents per share or $7.6 million in the prior year.