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NYX Digital Gaming in deal with GDFS

NYX GAMING GROUP IN STRATEGIC DFS DEAL WITH GDFS

For exclusive distribution and promotion of DFS product across OGS platform.

NYX Gaming Group subsidiary, NYX Digital Gaming, has established a strategic relationship for the distribution of Global Daily Fantasy Sports’(GDFS) B2B fantasy sports platform across its open gaming system (OGS) platform.

Under the terms of the deal, NYX Digital Gaming has granted GDFS the exclusive worldwide right to distribute its DFS product on the OGS platform and network and has undertaken to offer and promote the product to its current and future customers, through its sales and marketing assets, for a period of five-years.

In addition to the total $1 million consideration paid by GDFS to NYX in terms of the distribution rights, GDFS will pay NYX a monthly royalty.  The initial five-year term of the deal may be renewed for an additional five-year period subject to certain conditions having been met.

"Our distribution partnership with NYX is a key alliance for the launch of our B2B daily fantasy sports product in Europe," Darcy Krogh, chief executive officer of Global Daily Fantasy Sports commented. "Having the exclusive integration into the NYX OGS platform gives our DFS product access to some of the largest gaming brands in Europe and should provide our network immediate liquidity. We look forward to working closely with NYX and their partners to further develop and distribute our DFS product into the marketplace."

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Gambling News :

Anti Gambling bill S. 3376 - #s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.

2016 WPT Borgata Main Event Results - @MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.

G-Sports debuts with the game Road Redemption - #esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.

French licensed gambling operators lost $5M in 2015 - #france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.

NO PRIVATISATION FOR ONTARIO LOTTERY - The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.

Space Invaders wins Best Slot Product Award - The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.

Loss Recovery Act has again been defeated in a class action lawsuit - #gameofwar Illinois notorious Loss Recovery Act has again been defeated in a class action lawsuit...this one emanating from in-game activity on a mobile social gaming video game.

NEW MARKETING CAMPAIGN FROM LADBROKES - The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.

Gamesys acquires Snowcat Games - London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.

BetConstruct adds virtual sports products - The Golden Race package includes premium virtual content including; football, tennis, Real MMA Fighting, horse and greyhound racing, along with lotto and keno games content.

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