- US Online Poker
- Pennsylvania Online Casinos
- NJ Online Casinos
- WV Online Casinos
- Michigan Online Casinos
The biggest news from the call: Amaya has been forced to adjust their guidance for 2015 by a material amount, dropping from a range of $1.456bn – $1.564bn to $1.289bn – $1.339bn.
That’s a drop of $167 – $225mm. Amaya chalked up the haircut to FX pressures, a slower-than-expected rollout of sport and casino products, and delays in Portugal.
Misc points of note:
PDF of presentation available here.
PokerStars received approval to operate in New Jersey at the end of September.
The initial expectation was that a launch of PokerStars and Full Tilt would follow shortly. But it quickly became apparent that early 2016 was a more likely target.
Baazov extended that window further on the call, saying that we should expect a PokerStars to enter the NJ online poker market in the “first half of 2016” – suggesting a launch could move into the spring.
Baazov teased “a new poker variant targeting the large and growing skilled video gaming community.”
PokerStars has quite a bit of cultural crossover with the eSports community (see the recent Hearthstone match at BlizzCon between Elky and Daniel Negreanu).
PokerStars and Full Tilt now control an estimated 71% of the global online poker market, per Amaya.