MONTREAL, Canada, January 21, 2016
Amaya Inc. (NASDAQ: AYA; TSX: AYA) today provided an update to its 2015 full-year financial guidance as previously announced on November 10, 2015.
Amaya currently expects Revenues, Adjusted EBITDA, Pro Forma Adjusted Net Earnings and Pro Forma Adjusted Net Earnings per Diluted Share to each fall within the upper end of the previously announced guidance ranges, and Adjusted Net Leverage Ratio to fall within the lower end of the previously announced guidance range.
There were no material changes to the assumptions used to determine the previously announced guidance or the update provided in this release. Such update is based on unaudited expected results. All guidance ranges, except for Adjusted Net Leverage Ratio, which Amaya calculates in USD, are based on a guidance exchange rate of CAD1.26 = USD1.00. Adjusted EBITDA, Pro Forma Adjusted Net Earnings (including Pro Forma Adjusted Net Earnings) and Pro Forma Adjusted Net Earnings per Diluted Share, and Adjusted Net Leverage Ratio (including Adjusted Net Debt) are non-IFRS and non-U.S. GAAP measures.
Amaya anticipates providing details for its full-year 2015 earnings release and conference call and webcast in the near future.
Amaya is a leading provider of technology-based solutions, products and services in the global gaming and interactive entertainment industries. Amaya owns gaming and related consumer businesses and brands including PokerStars, Full Tilt, BetStars, StarsDraft, the European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour and the Asia Pacific Poker Tour. These brands have more than 97 million cumulative registered customers globally and collectively form the largest poker business in the world, comprising online poker games and tournaments, live poker competitions, branded poker rooms in popular casinos in major cities around the world, and poker programming created for television and online audiences. Amaya, through certain of these brands, also offers non-poker gaming products, including casino, sportsbook and daily fantasy sports. Amaya has various gaming and gaming-related licenses or approvals throughout the world, including from the United Kingdom, Italy, France, Spain, Estonia, Belgium, Denmark, Bulgaria, Greece, Ireland, Romania, the Isle of Man, Malta, the State of Schleswig-Holstein in Germany, the Province of Quebec in Canada, and the State of New Jersey in the United States.