JUE 25 DE DICIEMBRE DE 2025 - 15:39hs.
It posts growth in Q1

Amaya reveals plans for name change

Amaya has reported year-on-year growth across key financial metrics during the three months to March 31, 2017, and also announced plans to change its name to ‘The Stars Group’. Revenue in the first quarter amounted to US$ 317.3 million, which is an increase of 10% on the total generated in the corresponding period last year.

Net earnings climbed by 18.5% year-on-year to US$ 65.8 million, while adjusted net earnings were also up 33.4% to US$ 113.4 million.

 

Rafi Ashkenazi, chief executive of Amaya, said: "We continued our momentum in the first quarter as we execute on our strategy and reinforce the foundation for sustainable and diversified revenue growth, including through the strengthening of our core management team and operations.”

 

"Our company also continues to evolve through corporate initiatives to deliver the greatest value for our shareholders,” Ashkenazi added.

 

The firm did not release any further information about the proposed name change, but did state that it will stage a vote on the measure at its upcoming Annual General Meeting.

 

Meanwhile, Amaya has appointed William Hill’s Robin Chhabra to the newly-created position of chief corporate development officer. Chhabra will lead and oversee the company’s corporate development function, reporting directly to chief executive Rafi Ashkenazi.

 

Source: GMB