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OpenBet drives NYX revenue growth while impairment charges hit bottom line

25th April 2017 1:56 pm GMT

Toronto-listed NYX Gaming Group has reported a 213 per cent increase in revenue to CAD$163.7m for 2016, with OpenBet contributing nearly half of the total following its acquisition in May.

This followed a strong performance during the final quarter of the year in which revenue jumped 197 per cent to $54.5m, following a full quarter contribution from OpenBet of $30.4m.

"This was a transformational year for NYX," said chief executive Matt Davey. "With the integration of OpenBet now [...]

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