Tag Archives: Toronto

Scientific Games targets ‘accelerated digital growth’ with $635m acquisition of NYX Gaming

Nasdaq gambling technology supplier Scientific Games Corporation (SGC) has moved to significantly bolster its digital gambling operations by detailing that it has entered ‘a definitive agreement’ to acquire Toronto TSX-listed NYX Gaming Group, owner of leading sports betting supplier Openbet. Updating the market this afternoon, SGC governance has detailed that it will propose a CAD $2.40 per share offer to …

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Positive KPIs see The Stars Group raise 2017 guidance

Updating the market, Toronto TSX-listed The Stars Group (formerly Amaya Inc) has announced that it has raised its full-year 2017 corporate guidance. Based on its current year-to-date performance, The Stars Group governance has detailed to investors that it will now target group corporate revenues of $1.28-1.31 billion, upping its prior forecast of $1.20-1.26 billion. The revised guidance will now see …

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NYX hails ‘positive group momentum’ as revenues surge whilst reducing losses

Driven by new ‘client launches’ and the continued strengthening of its commercial pipeline, Toronto TSX-listed industry technology and platform provider NYX Gaming Group has reported a strong set of H1 2017 interim results. Updating investors, NYX has doubled its like-for-like group revenues to CAD $119 million (H1 2016: CAD $54 million), driven by the successful integration of its acquired OpenBet …

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NYX boosts commercial arm with appointment of Steve Mayes as Third Party Sales lead

Toronto TSX-listed industry platform and systems provider NYX Gaming has moved to strengthen its commercial team announcing the appointment of Steve Mayes as new Third Party Sales Director. Mayes joins the NYX commercial team from Playtech, where he held the position of Commercial Manager for Playtech Open Platform and further industry business intelligence tools. In his new role, Mayes will …

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The Stars Group ups 2017 earnings guidance following ‘busy’ H1 2017

Toronto TSX-listed The Stars Group (formerly Amaya Inc) has today published its H1 2017 interim results (period ending 30 June) detailing continued growth across all its core reporting metrics. Driven by high player activity across its product channels, Stars Group would report H1 2017 group revenues of $622 million, up 8% on corresponding 2016’s $574 million. A pleased Stars Group …

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OLG Toronto gambling tender to be ‘High Stakes’ for Caesars Entertainment

Canadian news sources have reported that the Ontario Lottery & Gaming Corporation (OLG) will select an external gambling firm to run its operations for casino and slot machine services within the Greater Toronto Area. Launching a tender, OLG seeks a gambling enterprise to run its Toronto area racetracks of Ajax Downs and Woodbine as well as its Great Blue Heron …

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Amaya Inc appoints Dr. Jerry Bowskill as new technology lead

Toronto TSX-listed online gambling group Amaya Inc, continues the restructuring of its executive leadership team announcing the appointment of Dr. Jerry Bowskill as Chief Technology Officer (CTO) with immediate effect. A seasoned technology infrastructure veteran, Bowskill joins Amaya from industry private consultancy Partis Solutions. Bowskill has further industry technology development and delivery experience having served as Lead Technology Architect for …

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Jackpotjoy Plc appoints Irina Cornides as CEO of gaming properties

Updating the market, London-listed igaming group Jackpotjoy Plc has confirmed the promotion of Irina Cornides as CEO of its Jackpotjoy gaming division, the operator’s flagship online gambling brand. Cornides is promoted to the PLC leadership position, having served as Chief Revenue Officer for Intertain Bahamas, the former holding company for Jackpotjoy assets under the management of Intertain Group (Toronto TSX). …

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Mark Frissora confident of new look Caesars future prospects

Speaking to Bloomberg News, Mark Frissora Chief Executive of Caesars Entertainment Corp (CEC) has laid out the three main objectives that will lead his firm’s recovery and add greater value for shareholders. Frissora and CEC executives are handling the final proceedings of the bankruptcy of the firm’s operating unit Caesars Entertainment Operating Company (CEOC). Frissora told Bloomberg that he expects …

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Amaya Inc appoints Brian Kyle as new CFO

Toronto TSX-listed Amaya Inc has confirmed the appointment of Brian Kyle as its Chief Financial Officer (CFO), replacing the departing Daniel Sebag as group finance leader. Kyle is expected to takeover full CFO duties from 19 June. An experienced 25-year tech enterprise CFO, Kyle joins Amaya from IT operations and software infrastructure specialist Pivot Technology Solutions. “Brian will be a …

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