Tag Archives: Matt Davey

NYX Gaming continues M&A route with Betdigital acquisition

SBC News 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

SBC News 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

SBC News 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

SBC News 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

SBC News 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

SBC News 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

SBC News 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

SBC News 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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NYX Gaming Group acquires Ongame Poker Network

SBC News NYX Gaming Group acquires Ongame Poker Network

Gambling software provider NYX Gaming Group Limited has announced that it acquired Ongame Network Limited, a Gibraltar-based B2B poker network, earlier this week from Amaya Gaming Group Inc. The Ongame business will complement NYX Gaming Group’s market leading casino, bingo and lottery solutions in Europe and the US. The purchase price for Ongame is equivalent to eight times Ongame’s 2015 EBITDA, …

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SNG Interactive partner with Atlantic City based Resorts Casino Hotel

SBC News SNG Interactive partner with Atlantic City based Resorts Casino Hotel

Supplier of interactive gaming technology and content NYX Gaming Group has announced that subsidiary  SNG Interactive (“SNG”) has entered into an agreement to provide a new online gaming platform to the Atlantic City-based Resorts Casino Hotel (“Resorts”). This follows the November 2013 decision by the state of New Jersey to legalise online gaming in the State. The iconic Resorts was …

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