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 …
Read More »Inspired completes Virgo RGS integration with OpenBet
Inspired has successfully integrated its Virgo™ Remote Gaming Server (RGS) into OpenBet’s gaming platform. This integration allows for the supply of Inspired’s omni-channel content to OpenBet’s online and mobile customers, including Paddy Power and Ladbrokes, via Inspired’s Virgo™ RGS. OpenBet takes over a billion sports bets annually, and is renowned for its performance and scalability. Inspired has been supplying its leading …
Read More »OpenBet partners with BCLC to launch Sports Pools
OpenBet has partnered with The British Columbia Lottery Corporation (BCLC) to launch Sports Pools on PlayNow.com, British Columbia’s gambling website. OpenBet has worked closely with BCLC since they launched their initial online gaming offering in June 2010, when it delivered Canada’s first online casino on OpenBet’s leading platform and centralised account (Player Account Management). Since then, OpenBet and BCLC have continued …
Read More »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 …
Read More »OpenBet unveils omni-channel racing campaign for ICE 2016
OpenBet will demonstrate the continuing development of its omni-channel product offering at ICE 2016. The sports betting and gaming industry software provider will launch its in-venue companion app, which takes omni-channel betting to the next level with the industry’s equivalent of ‘click and collect’. Through the app players can see the full range of betting options available with live odds …
Read More »OpenBet signs new five-year deal with Sky Betting & Gaming
Sports betting software provider OpenBet, has renewed its license, development and support agreements with Sky Betting & Gaming. The deal extends the long-term relationship between the two; OpenBet has supplied the Leeds-based operator since it was formed in 2001. OpenBet will continue to provide Sky Betting & Gaming with its online and mobile sports betting platform for a further five years, and …
Read More »UBS – Cash rich Playtech may trigger more industry consolidation
UK newspaper The Evening Standard reports that FTSE 250 gambling software provider Playtech’s cash pile could see more consolidation in the gambling industry’s services provision, even suggesting that it could make a £500 million acquisition bid for competitors OpenBet and Inspired Gaming. The newspaper cites UBS Equity Research Director Tal Grant, who states that Playtech governance will be eager to …
Read More »OpenBet supports recruitment drive with new marketing campaign
OpenBet, one of the world’s leading software providers to the sports betting and gaming industry, has announced plans to increase headcount by 10%. The recruitment drive is supported by a new marketing campaign and corporate video. Filmed at OpenBet’s Chiswick HQ, the video features members of the company’s staff from a range of departments. It intends to highlight OpenBet’s positive …
Read More »Avoid customer disputes at Betting on Football
Visitors to next month’s Betting on Football Conference (#bofcon) at Stamford Bridge can discover the top 5 ways to reduce the number of customer disputes on football betting, thanks to a new session featuring the Independent Betting Adjudication Service (IBAS). The one-day event, being held on Thursday 10th September, IBAS Managing Director Richard Hayler will reveal the key sources of friction …
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