gambling website operator now expects 2016 adjusted profit of
$364 million-$374 million, higher than its previous forecast of
between $344 million and $354 million.
Amaya, which owns gambling websites PokerStars and Full Tilt,
also raised its 2016 adjusted earnings forecast to a range of
$1.87-$1.92 per share from $1.78-$1.83.
The company said it expects revenue of $1.15 billion to $1.16
billion for 2016, as compared with its previous forecast of
$1.14 billion to $1.16 billion.
"We anticipate that 2016 will be a record year of revenues for
Amaya," said CEO Rafi Ashkenazi in a statement.
Amaya also said Chief Financial Officer Daniel Sebag would
retire later this year once his successor is identified and
(Reporting by John Benny in Bengaluru; Editing by Martina
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