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Amaya Announces First Quarter Increases

Amaya, the owner of PokerStars, announced its first quarter results, which included an increase in total revenues and a jump in adjusted net earnings per share, reported Forbes.

Revenues jumped 10 percent year over year for the first quarter and those earnings per share ended in March at $0.56, a jump from March 2016 of $0.10.

A recent report from Amaya suggested that they were moving away from poker and toward online casino and sportsbook ventures in an attempt to diversify.

The online casino and sportsbook revenues increased as suggested and the poker revenues did decrease, according to Forbes.