Tag Archives: nyx gaming

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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Eurobet takes NYX games via Game360 platform

NYX Gaming Group, content and technology supplier to lotteries, casinos and gaming operators across the globe, has strengthened its position in the Italian regulated gaming market through the launch of digital casino content via the Game360 platform with major bookmaker Eurobet.it. NYX’s Italian gaming operation, Game360, delivered an extensive selection of casino games to Eurobet.it from its own proprietary portfolio and broad partner …

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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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Matt Davey – NYX Gaming – Maintaining independence will be key to Openbet’s long term success

Matt Davey Chief Executive of Toronto-listed igaming supplier NYX Gaming (NYX), has declared that ‘maintaining independence’ will be the key to acquired asset Openbet’s long term success. Reaching a binding agreement for its £270 million acquisition of Openbet from long-term private equity owners Vitruvian Partners, NYX’s deal will be part funded by William Hill (contributing £80 million) and Sky Betting and Gaming …

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NYX Gaming confirms ‘binding agreement’ for £270 million Openbet acquisition

Toronto TSX-listed NYX Gaming Group has updated the market, announcing that it has entered a ‘binding share agreement’ to purchase 100% of Openbet from private equity firm Vitruvian Partners LLP. NYX Gaming governance disclosed that it has placed a total consideration of £270 million for Openbet assets, which will include the repayment of the firm’s existing £95 million debt. The …

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Staatsloterij and De Lotto complete Dutch lottery merger

Following its October 2015 approval by the Council of Ministers, Dutch national lottery operators Staatsloterij and De Lotto have finalised their merger. Operating under a new combined entity, Staatsloterij and De Loto will initially maintain its existing brand portfolio which includes lottery products; Toto, Lucky Day, Krasloten, EuroJackpot, Miljoenenspel. The new enterprise will be led by Staatsloterij Chief Executive Frans …

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Scott Longley – D’oh Canada…Toronto turns against gaming stocks

Toronto listed gambling investment firms buying industry assets in 2014 & 2015 were branded as game changers for the sector. In 2016 business-wide scepticism and criticism has grown of these merged enterprises and their governance, Scott Longley examines how and why opinion has turned on these new Canadian giants. ________________________________ David Baazov, the chief executive of Amaya, may be intent …

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NYX Gaming & William Hill prepare joint £300 million bid for OpenBet

UK newspaper The Daily Telegraph has reported this weekend that William Hill will team up with Canadian TSX listed igaming technology supplier NYX Gaming, as it prepares a £300 million bid for leading betting technology provider OpenBet. The newspaper reports that William Hill governance will financially assist NYX Gaming’s bid for independently owned OpenBet. NYX Gaming who floated on the …

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