Paddy Power, a client of both OpenBet and NYX, announced Q3 results today. Paddy Power was bidding for OpenBet in Jan. 2016.
Q3 highlights
· Revenue up 25% to £404m (up 15% in constant currency, "cc")
· Growth driven by sports, including a strong conclusion to the Euro 2016 tournament, with sportsbook stakes up 26% (cc +14%)
· Underlying EBITDA up 53% to £113m and underlying operating profit up 68% to £95m
· Underlying EBITDA margin increased from 23% to 28%