Tag Archives: Matt Davey

‘World Class Supplier’ strategic M&A rockets NYX revenue & earnings

The acquisition of industry sports betting platform and technology provider OpenBet has boosted Toronto-listed NYX Gaming Group (NYX) Q3 2016 corporate revenues to CAD $54.4 million representing a 309% increase on its corresponding 2015 performance. Closing its Q3 2016 performance (period ending 30 September), NYX governance stated that the company had reached its corporate goal of creating a ‘world class …

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NYX bolsters leadership team with Walbridge & Matejevich appointments

Toronto TSX-listed online gambling technology provider NYX Gaming Group (NYX) has announced two new leadership appointments. Joining its leadership team, NYX confirms the appointment of Jason Walbridge as Chief Operating Officer (COO) and Eric Matejevich as its new Chief Financial Officer (CFO). Both appoints have been confirmed as effective immediately. Walbridge joins NYX from industry gaming machine manufacturer Aristocrat Gaming, …

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NYX Gaming continues M&A route with Betdigital acquisition

Toronto TSX-listed gambling technology provider NYX Gaming Group (NYX) continues its M&A expansion by confirming that it has agreed to acquire UK-based gaming content and systems supplier Betdigital. Oxford-based Betdigital, a specialist multi-channel gaming systems developer for online, interactive, TV, land-based and mobile verticals has been valued at a maximum consideration of £24.5 million, the equivalent to 2.51x its EBITDA …

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Acquisition costs see NYX Gaming record CAD $9 million losses for Q1 2016

Updating the market on its Q1 2016 performance (period ending 31 March), Toronto TSX-listed NYX Gaming (NYX) has reported an 89% revenue increase to CAD $18.8 million (Q1 2015: CAD $9.9 million) driven by new client growth. NYX would record group gross profits of CAD $16.2 million, with an underlining EBITDA of CAD $4.8 million up 102% on corresponding Q1 …

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NYX Gaming completes £270 million co-funded acquisition of Openbet

Issuing a market update, NYX Gaming (NYX) governance has confirmed that it has completed its £270 million co-funded acquisition of market leading sports betting platform provider OpenBet. First announced on 4 April, NYX acquires 100% of OpenBet assets from private equity firm Vitruvian Partners for a total consideration of £270 million, of which William Hill and Sky Betting & Gaming …

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NYX Gaming 2015 results impacted by acquisition and restructuring expenses

Presenting its full-year 2015 results (period ending 31 December), Toronto TSX-listed gambling technology provider NYX Gaming Group posted a mixed set of top line performance metrics. Closing 2015, NYX would record a revenue uplift of CAD $ 52 million 91% up on FY 2014’s CAD $ 28 million. NYX’s revenue uplift would transfer to Group Profits of CAD $45 million …

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NYX Gaming secures Dutch Lottery interactive gaming contract

NYX Gaming Group reports that it has signed a letter of intent to become main content and digital gaming platform supplier for the merged entity of Dutch state lottery operators Nederlandse Staatsloterij and De Lotto. The Toronto listed online gambling services supplier is set to launch its provisions for Nederlandse Staatsloterij and De Lotto, once the Netherlands government secures its …

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NYX Gaming appoints Leon Thomas as US lead

Canadian online gambling group NYX Gaming has confirmed the appointment of Leon Thomas as its Managing Director of US operations. Thomas joins Toronto listed NYX Gaming, following a four month period as a marketing consultant to Caesars Interactive Entertainment. Thomas will be charged with leading NYX’s commercial development with US clients, and expanding resources for the division. An experienced senior …

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NYX Gaming gains European Lotteries Associate membership

NYX Gaming Group has confirmed that it has obtained  membership to the European Lotteries (EL) Associate , allowing its lotteries division to extend its Lottery Gaming System (LGS) to an increased number of member clients. NYX Gaming Group is proud to announce that the Executive Committee of The European Lotteries (EL) last week approved NYX as an associate member of The …

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NYX Gaming enters italy with Game360 acquisition

Toronto based NYX Gaming Group has announced its entry into the Italian igaming market with the acquisition of Game360 Limited. NYX Gaming confirmed that it had purchased Game360 entire share capital via a cash purchase. Through the Game360 acquisition, NYX Gaming will leverage its ability to deliver its portfolio of existing certified casino content to these customers and also distribute …

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