Thanks to their ongoing innovation and thoughtful acquisitions, Amaya Gaming generated record growth for their 2014 fiscal year. As a whole, the company grew from $145.9 million in the 2013 fiscal year, to $668.2 million in 2014. EBITDA was up from 62.6 million to $292.7 million.
This growth is due in part to their acquisition of Rational Group, which is best known for its highly successful online brands PokerStars and Full Tilt.
Amaya Gaming shared that a significant amount of their growth occurred in the 4th quarter, where they grew from $4.8 million to $57.2 million. The significant 4th quarter growth is an excellent sign that fiscal year 2015 will be another record year. In fact, Amaya chairman and chief executive officer David Baazov expects growth to be over 1 billion in 2015.
“Going forward, Amaya intends to acquire new customers and gain online gaming market share through the continued expansion of the B2C business in other verticals, including sports betting, casino, social gaming and daily fantasy sports, which we expect will supplement our current growth plans for our core poker business,” Baazov was quoted by iGaming Business.
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