Canada’s Amaya Gaming Group has reported a 204 per cent increase in revenues to CAD$18.4m for the full 2011 year, although a significant increase in costs meant that the company swung to a net loss during the period.

Amaya said it was a "breakthrough" year for the company, with revenue growth primarily attributable to sales of its proprietary Mosino hospitality entertainment system, the inclusion of Chartwell’s software licensing revenues in H2, and SMS sales in the Republic of Kenya.

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