Wednesday, March 9, 2016

Amaya's new Betstar site is seeing great initial site traffic


Amaya is my stock of the year and one of the catalysts I was counting on was the launch of the online sports book. From the initial traffic numbers shown in the linked article it appears that things are going well with month to month acceleration of site visits.

Not sure how this is translating to revenue but the initial trends look positive.

Recall also that the CEO of the company is going to make an attempt to buy the company out lock stock and barrel. Not sure what the outcome will be but with the new online sportsbook up and running and recent approval of online poker in New Jersey things are going in the direction I was expecting.

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