{"id":205,"date":"2024-06-18T11:37:47","date_gmt":"2024-06-18T08:37:47","guid":{"rendered":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/"},"modified":"2024-06-20T16:59:13","modified_gmt":"2024-06-20T13:59:13","slug":"amaya-achieves-record-breaking-revenue-in-2016","status":"publish","type":"post","link":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/","title":{"rendered":"Amaya Achieves Record-Breaking Revenue in 2016"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Kbhc_NhLdnI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Canadian gaming powerhouse, Amaya, recognized for its online poker sites PokerStars and Full Tilt, experienced a phenomenal 2016.  They shattered their previous revenue benchmarks, generating a total of $1.15 billion throughout the year. This remarkable 8% surge from 2015&#8217;s figures was driven by an expanded clientele and some astute expense reductions.<\/p>\n<p>The corporation had, in fact, projected this triumph earlier in the year, releasing a preliminary financial report in January that suggested a record-setting performance.<\/p>\n<p>Their adjusted EBITDA also witnessed a robust 14% rise, reaching $5.24 billion.  Even more noteworthy was the turnaround in their net earnings from continuing operations.  They shifted from a $2 million deficit in 2015 to a $1.36 billion profit in 2016 &#8211; an astounding 777% increase!  Their adjusted net earnings also displayed strong gains, up by 26% to $3.67 billion.<\/p>\n<p>This tale of success persisted into the final quarter of 2016, with Amaya&#8217;s revenue ascending nearly 6% to reach $3.1 billion.<\/p>\n<p>Amaya&#8217;s Chief Executive Officer, Rafi Ashkenazi, ascribed this achievement to a few crucial elements: strategic modifications to their poker offerings, effective campaigns to acquire new customers, and the exceeding performance of their casino products. He also emphasized their continuing dedication to constructing a powerful sports wagering platform. <\/p>\n<p>The firm is performing admirably! We&#8217;ve effectively mitigated our vulnerability to exchange rate volatility, leading to a reduction in our financing costs. Furthermore, we are swiftly settling our outstanding deferred payment liabilities. Consequently, we can now fully dedicate ourselves to our four paramount strategic objectives.  In light of this robust performance, we anticipate revenue for 2017 to range from $1.2 to $1.26 billion, with modified EBITDA projected to be within the $560 to $580 million range. We are optimistic about sustaining the positive trajectory from 2016 and continuing to implement our successful approaches in the year ahead.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian gaming powerhouse, Amaya, recognized for its online poker sites PokerStars and Full Tilt, experienced a phenomenal 2016. They shattered their previous revenue benchmarks, generating a total of $1.15 billion throughout the year. This remarkable 8% surge from 2015&#8217;s figures was driven by an expanded clientele and some astute expense reductions. The corporation had, [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amaya Gaming: Inside the Canadian Powerhouse<\/title>\n<meta name=\"description\" content=\"Discover how Amaya, the company behind PokerStars and Full Tilt, smashed its own revenue records in 2016. Explore the factors behind their incredible success and what\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amaya Achieves Record-Breaking Revenue in 2016\" \/>\n<meta property=\"og:description\" content=\"Discover how Amaya, the company behind PokerStars and Full Tilt, smashed its own revenue records in 2016. Explore the factors behind their incredible success and what\" \/>\n<meta property=\"og:url\" content=\"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"Immerse Yourself in a World of Licensed Online Casino Thrills\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-18T08:37:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T13:59:13+00:00\" \/>\n<meta name=\"author\" content=\"Alexander &quot;Axe&quot; Harris\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander &quot;Axe&quot; Harris\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/\",\"url\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/\",\"name\":\"Amaya Gaming: Inside the Canadian Powerhouse\",\"isPartOf\":{\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-18T08:37:47+00:00\",\"dateModified\":\"2024-06-20T13:59:13+00:00\",\"author\":{\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/#\/schema\/person\/7cd6f09fa182ea6c4822e618314893eb\"},\"description\":\"Discover how Amaya, the company behind PokerStars and Full Tilt, smashed its own revenue records in 2016. Explore the factors behind their incredible success and what\",\"breadcrumb\":{\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Amaya Achieves Record-Breaking Revenue in 2016\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/\",\"name\":\"Immerse Yourself in a World of Licensed Online Casino Thrills\",\"description\":\"Unleash your gambling potential with the help of our latest casino news, game reviews, and informative articles. Our licensed online casino is your gateway to thrilling entertainment.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/#\/schema\/person\/7cd6f09fa182ea6c4822e618314893eb\",\"name\":\"Alexander \\\"Axe\\\" Harris\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/18\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/18\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Alexander \\\"Axe\\\" Harris\"},\"description\":\"This talented writer holds a Master's degree in Applied Mathematics and a Bachelor's in Physics. They have a strong foundation in mathematical modeling, differential equations, and numerical analysis, which they apply to the study of casino games and gaming systems. Their articles and news pieces provide readers with a unique perspective on the physical and mathematical principles underlying popular casino games. They are passionate about educating readers on the science behind gambling and helping them make informed decisions.\",\"url\":\"https:\/\/islandreelsnodepositbonuscodes.icu\/author\/hgkfhfgk\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Amaya Gaming: Inside the Canadian Powerhouse","description":"Discover how Amaya, the company behind PokerStars and Full Tilt, smashed its own revenue records in 2016. Explore the factors behind their incredible success and what","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/","og_locale":"en_GB","og_type":"article","og_title":"Amaya Achieves Record-Breaking Revenue in 2016","og_description":"Discover how Amaya, the company behind PokerStars and Full Tilt, smashed its own revenue records in 2016. Explore the factors behind their incredible success and what","og_url":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/","og_site_name":"Immerse Yourself in a World of Licensed Online Casino Thrills","article_published_time":"2024-06-18T08:37:47+00:00","article_modified_time":"2024-06-20T13:59:13+00:00","author":"Alexander \"Axe\" Harris","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander \"Axe\" Harris","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/","url":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/","name":"Amaya Gaming: Inside the Canadian Powerhouse","isPartOf":{"@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/#website"},"datePublished":"2024-06-18T08:37:47+00:00","dateModified":"2024-06-20T13:59:13+00:00","author":{"@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/#\/schema\/person\/7cd6f09fa182ea6c4822e618314893eb"},"description":"Discover how Amaya, the company behind PokerStars and Full Tilt, smashed its own revenue records in 2016. Explore the factors behind their incredible success and what","breadcrumb":{"@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/18\/amaya-achieves-record-breaking-revenue-in-2016\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/islandreelsnodepositbonuscodes.icu\/"},{"@type":"ListItem","position":2,"name":"Amaya Achieves Record-Breaking Revenue in 2016"}]},{"@type":"WebSite","@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/#website","url":"https:\/\/islandreelsnodepositbonuscodes.icu\/","name":"Immerse Yourself in a World of Licensed Online Casino Thrills","description":"Unleash your gambling potential with the help of our latest casino news, game reviews, and informative articles. Our licensed online casino is your gateway to thrilling entertainment.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/islandreelsnodepositbonuscodes.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/#\/schema\/person\/7cd6f09fa182ea6c4822e618314893eb","name":"Alexander \"Axe\" Harris","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/islandreelsnodepositbonuscodes.icu\/#\/schema\/person\/image\/","url":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/18\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-content\/uploads\/sites\/18\/2024\/06\/man-avatar-96x96.png","caption":"Alexander \"Axe\" Harris"},"description":"This talented writer holds a Master's degree in Applied Mathematics and a Bachelor's in Physics. They have a strong foundation in mathematical modeling, differential equations, and numerical analysis, which they apply to the study of casino games and gaming systems. Their articles and news pieces provide readers with a unique perspective on the physical and mathematical principles underlying popular casino games. They are passionate about educating readers on the science behind gambling and helping them make informed decisions.","url":"https:\/\/islandreelsnodepositbonuscodes.icu\/author\/hgkfhfgk\/"}]}},"_links":{"self":[{"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/205"}],"collection":[{"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/comments?post=205"}],"version-history":[{"count":1,"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/205\/revisions"}],"predecessor-version":[{"id":234,"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/205\/revisions\/234"}],"wp:attachment":[{"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/media?parent=205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/categories?post=205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/islandreelsnodepositbonuscodes.icu\/wp-json\/wp\/v2\/tags?post=205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}