Tag Archives: Ongame
- Ongame Network closing next month
September 27, 2016
The once mighty Ongame poker network is reportedly not long for this world. Earlier this month, Russian poker affiliate Pokeroff.ru reported that the Ongame Network had informed its remaining customers that the site would be shutting down effective Oct. 15. On the plus side, the network is reportedly averaging only...
- NYX seals £270m acquisition of OpenBet with help from William Hill and Sky Betting
April 4, 2016
Toronto-listed online gambling technology firm NYX Gaming Group has confirmed its £270m acquisition of rival betting technology outfit OpenBet. On Monday, NYX announced it had agreed to pay the full £270m in cash to OpenBet’s owners, hedge funders Vitruvian Partners LLP. NYX said it would partially fund the deal via...
- NYX doubles revenue but acquisitions and Ongame suckiness create $6.5m loss
November 24, 2015
Online gambling technology supplier NYX Gaming Group more than doubled its revenue in the third quarter of 2015 but its net loss rose nine-fold due to acquisition expenses and continued underperformance by its Ongame online poker network. NYX reported revenue of $13.3m in the three months ending Sept. 30, a...
- NYX Gaming Group bolsters executive ranks, rues Ongame money pit
September 1, 2015
Online gambling technology supplier NYX Gaming Group has appointed Leon Thomas as managing director of its US-facing business. Thomas, whose resume includes stints at Caesars Interactive Entertainment and UK online bingo firm Tombola, will oversee commercial development with NYX’s US clients and has also been tasked with boosting the division’s...
- Betfair puts New Jersey online poker site out of its misery as shares top IPO value
December 3, 2014
UK betting exchange Betfair has pulled the plug on its New Jersey online poker site after a seriously underwhelming performance. The site had lain inert for months like Snoopy on top of his doghouse but the time had come for Betfair to Old Yeller this puppy. Betfair's New Jersey poker...
- Amaya revenue leaps 519% thanks to PokerStars, Full Tilt contributions
November 14, 2014
Canadian gaming operator Amaya Gaming Group reported a 519% revenue rise in Q3, marking the first official earnings report in which recent acquisitions PokerStars and Full Tilt contributed to the numbers. Revenue topped C$239m – of which its new acquisitions accounted for $208m – and adjusted net earnings were 10x...
Dubai investor accuses ex-Amaya CEO David Baazov of fraud
September 22, 2017