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Software licensing deals boost Amaya H1 revenues, Gaming Intelligence

A combination of new contract signings, expansion of existing relationships, and the continued roll-out of its proprietary Mosino gaming terminals has helped Canada’s Amaya Gaming Group to grow revenues in the first half of 2012 by over 300 per cent.

 

Amaya recorded revenues of CAD$20.92m in the six month period ended June 30th 2012, an increase of 326 per cent versus the same period a year ago, as a result of the inclusion of software licensing and hosted casino revenues from Chartwell and CryptoLogic, as well as the roll out of a further 800 Mosino gaming terminals during the second quarter of 2012.

 

H1 2012 Financial Summary (CAD$m)

H1 2011 H1 2012
Revenues 4.91 20.92
Adjusted EBITDA* -2.56 0.45
Net Profit/Loss -2.93 -7.28
Basic EPS -0.07 -0.14

 

 

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Research concludes online poker increases offline gambling, Kahlil Philander and Ingo Fiedler

Research concludes online poker increases offline gambling, Kahlil Philander and Ingo Fiedler | Poker & eGaming News | Scoop.it

The main finding is that online poker and offline gambling are complementary goods, which suggests that the presence of online poker may increase demand of offline gambling overall. These findings suggest that the offline gambling industry should not generally be adverse to the expansion of Internet poker. This study also reveals the most accurate estimates to date of the online poker market size in 2010 in U.S. states and Canadian provinces/territories.


Is online poker mainly a new way of distribution, substituting the offline gambling products? Or does it add to the portfolio of gambling products as a complement, increasing not only the total volume of revenues but also the revenues of each product?

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IGT/Entraction bans poker players in 50 countries - but not Italy, Nick Jones Pokerfuse

IGT/Entraction bans poker players in 50 countries - but not Italy, Nick Jones Pokerfuse | Poker & eGaming News | Scoop.it

The IGT Network, formerly Entraction, has expanded its list of blocked countries adding 20 new banned countries.

 

Banned countries include: Australia, Spain, Belgium, Cyprus, Turkey, Israel, Norway, Russia, Canada, South Africa, China, Ivory Coast, Monaco, Denmark, France and Estonia.

 

However, one notable omission from the blacklist is Italy: IGT/Entraction apparently continues to allow Italian players without the network nor any of its operators holding a license.

 

IGT, who purchased Entraction and rebranded it at the beginning of the year, was one of the first to receive approval in Nevada for an online poker license.

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