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

Stocksnbonds...

[Carpenter72]

You've posted recently about Cryptologic/Chartwell/Starnet historics where sp rised to moon in few years. Do you remember a similar difficult situation like NYX has to go throught those companies had to fix or deal before their rising?

I still think NYX did not deserved this 70-100 % sp correction after Q3...What's keeping me believer is the continuous growing sector, the quality of products and reputation, still a smallcap in my mind, defensive stock in the sector (more than 200 clients), equity comparative to sp level, quality of assets and much more...

But the most important thing relative to the cost expenses level I think is the fact that you can cut and chop anytime you assume you need to... Everything has to be settle before then ready to ride alone and by itself ... Hope NYX can controls its destiny...

GLTA

[stocksnbonds]

NYX is actually in a much better position in one major respect, all its licensees have the legal right to operate. They do not operate in the grey markets as most licensees did over almost two decades ago. This being said, NYX is in worse shape financially.  Worldgaming had to go bankrupt as it had too much debt and the major debt holder was SportingbetPLC or SBET,  SBT on the London