In June of this year, Amaya Gaming announced it had purchased the Rational Group, the owners of Full Tiltand PokerStars. The transaction has set off a chain of events including increased rakeat PokerStars’ tables, changes to forex policies, and a rumored overhaul of the site’s VIP program. The transaction has also increased Amaya’s revenues by a factor of six, according to eGaming Review.

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EGR detailed in an article published on Friday, “In its first set of results since the acquisition was completed on 1 August, the Canadian company’s total revenues for the three months ended 30 September were CA $239 million, up from $39 million in Q3 2013.” The company posted a net loss of $26 million, up from a loss of $1.6 million.

Expenses at Amaya were also up big. EGR explained, “Total expenses were up 530% from $34 million in Q3 2013 to $214.4 million, driven by general and administrative expenses resulting from the consolidation of Amaya’s B2B business and its Diamond Game acquisition, plus non-recurring acquisition costs related to the Rational Group takeover.”

As part of the Rational Group purchase, Amaya officials announced that the management teams of PokerStars and Full Tilt would largely remain intact. To that end, Amaya CEO David Baazov was quoted as saying, “In these early days, I could not be happier with the initial performance of the business and the professionalism and expertise of the PokerStars management team. They are implementing strategic plans that leverage exciting, innovative poker variants, new gaming verticals, and the mobile platform to increase engagement and new customer acquisition.”

It was also announced on Friday that Amaya had sold its Ongame B2B arm to NYX Gaming. EGR outlined that the deal was “for up to 8x Ongame’s 2015 EBITDA, less any required working capital, as the firm looks to focus on its B2C poker operations… Under the deal, Amaya said it would make a $10 million ‘strategic investment’ in NYX Gaming Group and would also expand its partnership with NYX subsidiary NextGeb Gaming, which supplies Amaya with online slots content.”

Amaya is among the rumored suitors for bwin.party, whose executives confirmed that they are exploring a variety of potential business arrangements. PokerStars, meanwhile, announced the Billionth Tournament Carnival this week to celebrate the site’s one-billionth tournament. The milestone event will occur on November 30, have a $109 buy-in, have a $2 million guarantee, and shell out $200,000 in added prizes.

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