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Another record quarter for NYX Gaming but Ongame losses mount

24th November 2015 1:41 pm GMT

Despite posting another record quarter for revenue, Toronto-listed gaming supplier NYX Gaming Group has reported a net loss of CAD$6.5m for the third quarter of 2015, after incurring significant acquisition and restructuring expenses together with further losses from Ongame.

Revenue soared 112 per cent to $13.3m during the quarter, with royalty and licence revenue the main driver of growth, representing 86 per cent of the total. Excluding acquisitions, organic revenue grew by 63 per cent to [...]

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