Key Takeaways
- NYX Gaming second quarter results show the company growing strongly with revenues of $10.7 million, a 44.5% increase over Q2 of 2014.
- However, the company’s ownership of the Ongame network managed to turn the EBITDA figures negative for the quarter.
- Q1 saw online poker lose CA$2.7 million rising to CA$3 million in Q2.
NYX Gaming second quarter results show the company growing strongly with revenues of $10.7 million, a 44.5% increase over Q2 of 2014.
However, the company’s ownership of the Ongame network—now NYX Poker—managed to turn the EBITDA figures negative for the quarter. Excluding online poker EBITDA figures were CA$2.5 million; with the contribution of NYX Poker, the reported figure was negative—CA$-0.6 million.
