NYX Gaming Group Buys OpenBet, Sells Ongame

William Hill and SkyBet Invest in NYX Gaming Group as it buys the online sports book provider and divests interest in its online poker network.

Key Takeaways

Las Vegas-based NYX Gaming Group announced today that is buying OB Topco Limited (OpenBet), a business-to-business supplier of digital gaming and online sports book products.
Simultaneously, William Hill has announced that it, and Sky Betting and Gaming (Skybet), are taking an equity position in NYX, and providing it with financing of £80 million to help complete the deal.
NYX also announced today that last week it sold off its European-based online poker network Ongame.

Las Vegas-based NYX Gaming Group announced today that is buying OB Topco Limited (OpenBet), a business-to-business supplier of digital gaming and online sports book products.

21+ in OH. Please play responsibly. For help, call the Ohio Problem Gambling Helpline at 1-800-589-9966 or 1-800-GAMBLER.

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Jocelyn Wood, Editor Joss is a graduate in English from the University of Birmingham and has a Master’s Degree in Organisational Development from the University of Manchester. His career path has taken him from the British Army, through business & finance to seven years as a successful professional poker player. His experience of the European Union, law, accounting, finance, regulation and online poker provide the basis for his insights in the PRO specialist categories of Industry and Law & Regulation. As CEO he steered his own company through full Financial Services Authority regulation, and was asked by Morgan Stanley to take their UK mortgage business through the same process. Although British, he lives in Arequipa, Peru, set high in the mountains and surrounded by volcanoes. He is married to a Peruvian and has three children.

Article published on April 04, 2016.

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