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NYX Gaming Completes Openbet acquisition

NYX GAMING UPDATE CONFIRMS COMPLETION OF OPENBET ACQUISITION (Update)
 
GBP270 million deal co-funded with William Hill and Sky Betting finalised.
 
The GBP 270 million purchase of online sports betting platform provider Openbet from private equity group Vitruvian agreed last (April) month and co-funded by William Hill plc and Sky Betting and Gaming has been successfully completed, according to a trading update issued Monday by new owners NYX Gaming.
 
The terms of the deal saw NYX acquiring Openbet lock, stock and barrel, with William Hill and Sky Betting and Gaming contributing GBP80 million and GBP 20 million respectively. NYX has agreed to take on Openbet's GBP95 million of corporate debt as part of the deal.
 
Announcing the completion of the transaction on behalf of the three funding companies, NYX Gaming CEO Matt Davey said that the acquisition was part of the group's expansion plan, and would enable his company to provide player-driven technology across diverse verticals and channels.
 
“The acquisition reinforces our position as the leading provider of regulated B2B digital gaming solutions," Davey said in a statement. "We now turn our focus to planning and executing the strategy to leverage the collective strengths and benefits of scale that the combined business brings to our customers and shareholders.”
 
The company statement notes that NYX Gaming employs 1,100 people across 14 nations in Europe, North America, Asia, New Zealand and Australia.



Gambling News :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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