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



TSXV:NYX.DB - Post by User

Post by Infirstmoneyon Aug 04, 2015 2:22pm
69 Views
Post# 23987766

Very positive update

Very positive updateA lot of positive cost reduction initiatives going on. It appears that the Amaya deal has a lot of potential upside. Nice to see that the integration efforts have already started in earnest. Think the market was hoping that the Ongame efforts were a little ahead of where they are, but it does look good starting on January 1st onwards. In addition, they do have a lot of revenue coming online from deals that they have signed or closed the past few months. The Amaya revenue starting in October should make them cash flow positive, and should push them into profitable in 2016!
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