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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

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Post by JamesNG on Nov 25, 2016 9:29am

NYX vs. Odobo

Guys, I'm a shareholder, have been thinking in increasing my position in NYX, but when I see Odobo, a company that was doing the same as NYX, that had very big names as customers such as Betfair, Coral, Mr Green, but that shut down operations this year, after 5 years in the business, I have a few concerns... We see NYX signing plenty of new deals, but we have no clue about the financial details of those deals, % of revenue share, etc... How do we know NYX isnt' heading into the same direction Obodo did? Any thoughts?
Comment by GooderStocks on Nov 25, 2016 9:58am
(This comment is in regards to Casino games only, OpenBet is a slightly different model) It is hard to offer any finacial insight when a new deal is signed. Maybe there would be an licencing costs billed to the client, but other than that it is up to NYX and the operator to get players playing NYX games.  NYX makes money if people play there games. So it is imposible to estimate revenue ...more  
Comment by GMAN66 on Nov 25, 2016 10:20am
I wouldn't compare these two NY has been in the business for almost 20 years These games are on alot of the major players sites Sites get traction and loyalty by having these games on their sites because players get used to them and expect to see them or they leave It's kind of like coca cola not being in a major store -  Do more due dilligence 
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