Amaya revenues up by 171%
Amaya's revenues increase by 125% year-on-year in the first nine months of 2011 after Chartwell acquisition.
Canadian gaming solutions provider has seen its revenues soar by 171% in its Q3 results, a CA$2.51m (£1.53m) year-on-year increase.
The rise has been attributed to the increase in sales of its proprietary Mosino hospitality entertainment system, and the inclusion of Chartwell’s software licensing sales in the revenues, after agreeing to acquire the software provider in May this year.
For the nine-month period ending 30 September, the company saw revenues increase to CA$8.89m (£5.54m), growing 125% from the same period last year.
The company has expanded into Africa, launching the Kwachu 6/48 Lottery and betkenya.com, the official egaming website of the Republic of Kenya, with all content provided by Chartwell. This was followed by the launch of the YoolaObukadde SMS game in Uganda in late October.
The company has also signed new deals in Eastern Europe, signing a 20-year deal to provide a full range of gaming solutions to run the National Lottery of Moldova, and an exclusive 10-year lottery contract with the Government of Armenia.