NYX Gaming Group continues to be one of the leading online gaming providers in today’s market. Even as the industry becomes increasingly competitive, NYX knows how to maintain its edge over other operators – and can prove it based on its impressive second quarter results for 2017. This week, NYX reported 73.3% growth in revenue over the past year, as well as a gross profit of $51.9 million.
These results are due to the company’s hard word over the course of the past 12 months, striking up valuable deals with leaders in the gaming market and demonstrating innovative planning to take advantage of upcoming industry trends. Among its many exciting developments this year, NYX has launched content at 13 new client sites in various regulated markets around the world.
The company has also made plenty of progress in the newly regulated market of New Jersey, launching games on PokerStars NJ. In fact, NYX is has plans to launch content with 36 additional customers, but the games have yet to go live. “Our development pipeline remains strong and we continue to sign new customers at a steady rate, as our sportsbook, gaming, and content offerings are resonating with customers and driving scale and operating leverage in our business,” says Matt Davey, CEO of NYX Gaming Group. One of the highlights of the year for NYX was the Mayweather vs McGregor fight.
The company saw record-breaking wagers on its OpenBet platform, with a significant 530% increase in stakes over the Mayweather vs Pacquiao bout in 2015. “OpenBet proved again that the platform we offer to operators can scale to cover very significant spikes of business,” says Keith O’ Loughlin, Executive Vice President of OpenBet. “The resilience and scalability of OpenBet allows us to smash previous records with confidence and we continuously offer our customers a great experience 24×7 when it matters most.”.
Moving forward, NYX aims to keep up this moment with the appointment of Charles St Aubyn as Group Director, Talent Acquisition. This will help NYX stay on top by recruiting talented individuals from around the world to support its growth model and maintain its competitive advantage over other leading online games providers.