Amaya Gaming, an online betting firm located in Canada purchased both PokerStars & Full Tilt Poker earlier on in the year for $4.9 Billion. Today it was revealed by Amaya Gaming that though they haven’t earned their full amount back on their investment, their well on their way as PokerStars is increasing in player activity and earning more revenue. This information was revealed after Amaya Gaming released PokerStars numbers for nearly the full year of 2014.
The first half of the year when PokerStars was earned by “The Rational Group” it was able to earn $568 Million, $221 Million of that being pure profit for the company. The other four months in which Amaya Gaming has owned PokerStars they’ve earned $542 Million, allowing for PokerStars to earn a total of $1.1 Billion throughout the course of this year. PokerStars hasn’t been able to bring in profit such as this since 2010, showing that Amaya Gaming’s purchasing of this poker firm can be profitable.
PokerStars hasn’t gone under its re-branding as of right now. Amaya Gaming is focusing on Full Tilt Poker which is being changed to Full Tilt Gaming as of right now, they plan to re-brand Full Tilt Poker into a brand new online casino that caters to multiple kinds of online punters including poker players and slot players.
We’ll update you on any new information revealed regarding what Amaya Gaming plans on doing with PokerStars in 2015. Regardless of what they do you can expect the PokerStars experience to remain incredibly exciting.