Amaya Gaming Expands, But Ends in the Red year

Amaya Gaming Expands, But Ends in the Red year

Montreal-based Amaya Gaming Group Incorporated, an entertainment solutions provider for the video gaming industry, has released financial results showing an increase of just below 292 percent in general profits for the final three months of 2012 to $37.19 million (Canadian).

The video gaming firm announced that its adjusted earnings before interest, taxation, depreciation and amortization for the quarter that is fourth of 12 months reached $16.74 million, showing a year-on-year enhance of around 391 per cent. However, the net earnings of Amaya Gaming fell from a revenue of $2.88 million for the period that is same 2012 to $711.309 at a negative balance.

Profit and Loss

Amaya reported a general enhance of almost 316 per cent in revenues year-on-year to $76.43 million, and revealed total earnings of $23.11 million before interest, taxation, depreciation and amortization, but regardless posted an overall company loss of $7.11 million for 2012, increasing the deficit of $1.92 million of 2011.

‘ The previous year has been transformational for Amaya,’ explained president and chief executive officer for Amaya Gaming, David Baazov. ‘We expanded dramatically in Europe by increasing the licensee base of our subsidiaries Chartwell and Cryptologic. Cryptologic went from a loss that is net the first half of 2012 to a significant contributor of earnings for Amaya Gaming by the end of 2012.’

He visited explain that Amaya Gaming also acquired gamin Continue reading →

Mythbuster: I didn’t get a scholarship, so USC is not going to be financially feasible

Mythbuster: I didn’t get a scholarship, so USC is not going to be financially feasible

Over 30,000 students used to USC for our merit based scholarship consideration. The method is highly competitive, and only 1,200 students is going to be considered for the scholarships. Students often think they can not afford USC without a scholarship, but that could perhaps not be true! I sat down with Danny Finlay, Assistant Director of Outreach for Financial Aid, to set the record straight and get more details on how USC can be affordable.

Jessica: pupils frequently confuse the difference between merit aid and need based aid. Would you make clear the huge difference?

Danny: Merit based help is money awarded to a student based on a compelling admission application that demonstrates significant achievements. Scholarships are the only type of merit based aid, and therefore are perhaps not awarded by the Financial Aid Office. Require based aid is given to students based solely on their family’s demonstrated financial need. Factors such as for example good grades or test scores don’t play into awarding students need based help.

J: What are the different kinds of Financial help?

D: There are a few different types of need based aid- Loans, Grants, and Work-Study. Loans are levels of money that will need to be compensated back to the authorities. the royal resort las vegas A grant is an award that will not need to be paid back. Work-Study is really a kind of school funding that allows students to carry jobs that ar Continue reading →

Ohio Man Sues Hollywood Casino for Giving Him Winnings in Cash

Ohio Man Sues Hollywood Casino for Giving Him Winnings in Cash

******Inside Columbus, Ohio’s Hollywood Casino******

Sometimes it’s hard to determine that is stupider: the thieves or the target they’ve robbed. The following story might be a photo finish situation, but you decide.

Cash and Carry

It appears David that is 29-year-old Hayes a gambler at the Hollywood Casino Columbus, in Ohio, was fortunate enough to win $35,800 on October 21, 2012; but that is where Hayes’ luck ended. In a lawsuit the Ohio man has since filed against the gambling operator, Hayes and something of his solicitors, Joseph Landusky, claim that the casino forced him to simply take his winnings in the shape of cash put against a check, and flashed his personal information to anyone waiting behind him in line, making him vulnerable to a subsequent home robbery once he came back to their house later that night.

The actual fact that he left his straight back door open unlocked and accessible that evening is but one return volley the casino is firing back during the guy inside their legal a reaction to his suit. Hayes claims two armed men entered his household, woke him, and demanded he pay all 358 stacks of bound hundred-dollar bills before they took off without harming him.

Two of these rocket boffins then actually bragged about the robbery to acquaintances, and have since been arrested and currently await test; a 3rd man, whose connection to the robbery is unclear, is also being sought now.

That is at Continue reading →