NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

ceo was on canadian bloomberg tv tonight

[uograd]

I just got it as I was channel surfing the olympics so did not see whole interview.  Anyways he was in Boston at what looked like a Canaccord Genuity conference of some kind.

From the little I saw 2 points stuck.  The first is William Hill makes up about 10% of their revenue but they think if the takeover goes ahead it would be a net positive as they see the new consortium using more of their product.  As always take that for what it is worth.

Second, no takeovers on the horizon.  Between what the CEO and William Hill own you could not get a deal done without their blessing and right now they are focused on the intergration of the company they bought and building out over the next 18 months.

Probably more I did not see at the start.  Not sure if Bloomberg archive things BNN but if they do it should be on their site somewhere.

[JimToronto]

https://bloombergtv.ca/2016-08-10/news/industries/tech-and-health/nyx-gaming-ceo-openbet-integration-progressing-well/

[wingnut1954]

OMG...after watching this why in the heck would anyone be selling....

[uograd]

Thx for posting.  i watched it last night on their website.  It is a shame the interviewer did not ask some more pertinent questions but it was pretty clear she did not know much about the company and was just saying what was been told in her ear. Pretty darn cheap stock at 1.66 but this is going to more of a 5000 m race than a 100m dash so you can't go out too hard early here while

[JimToronto]

From Williamhill's half year report: "The EURO 2016 football tournament generated a better-than-expected £16.5m of gross win in the period,..." " Across the EURO 2016 tournament as a whole, Online’s wagering was 85% higher than for EURO 2012. " Q2 numbers from OpenBet should be strong. Given Euro 2016 was held from from 10 June to 10 July, Q3 may benefit

[GobbleGobble]

Couple things I took from that video: 1. Investors thought Brexit would decimate NYX - CEO has just confirmed the lower pound is a net benefit for their operations 2. The OpenBet integration is going well 3. They are focused on growing the company and not being taken over at the moment 4. The William Hill Rank merger (if it were to happen) would present further opportunities for NYX rather

[stocksnbonds]

Thanks guys! Good interview. I would agree about the takeover none sense. Matt certainly does not want to sell at the bottom. Same rationale for William Hill also not wanting to sell out. Matt put me more at ease regarding the drop in the pound. Still eager to see the financials though. I was glad to hear he said nothing about OpenBet requires fixing. Agree with other posters as well that say this