Shares in iGaming supplier NYX Gaming Group rose by more than 8 per cent in Toronto Thursday after the company revealed that it expects revenue for 2015 to nearly double to around CAD$52.2m.

NYX said that it was forecasting record-breaking revenue and positive adjusted EBITDA for the final quarter of the year, topping off a “remarkable year” for the company.

The company expects Q4 revenue to soar by 114 per cent to between $18.1m and $18.3m, including organic revenue growth of 35 per cent year-on-year.

Premium subscribers continue here to the full article.


GIQ Magazine Digital Edition