Amaya Inc., the parent company of PokerStars, estimates that its 2016 adjusted net earnings will be six percent higher than it originally expected, reported The Canadian Press as per the Financial Post.
These estimates come after the fourth quarter fared better than the company expected, with casino games and a successful Portugal relaunch contributing to that boost.
“We anticipate that 2016 will be a record year of revenues for Amaya,” said Chief Executive Officer Rafi Ashkenazi in a statement.
Amaya stock was up 3.16 percent at $18.30 in morning trading, according to The Canadian Press.