LAS VEGAS, July 6, 2015 /CNW/ - NYX Gaming Group Limited ("NYX" or the "Company") is pleased to announce that the Company has entered into an agreement to provide its interactive gaming platform to Golden Nugget Atlantic City, a leading online casino operator in New Jersey and resort destination in Atlantic City.
NYX will provide Golden Nugget with its innovative Online Gaming Platform, a brand new website and enhanced mobile applications by December 2015. This partnership will start with Golden Nugget launching hit titles from NYX's content division NextGen Gaming on its current website and mobile applications this summer.
"We are delighted to have been chosen by Golden Nugget as a strategic partner to further strengthen their presence in the New Jersey online gaming market," said Matt Davey, Chief Executive Officer of NYX. "Golden Nugget has built an impressive online business while quickly establishing itself as one of the leaders in this rapidly emerging market".
"Having experienced considerable success to date, we look forward to continuing our growth with NYX as a partner," said Thomas Winter, Vice President Online Gaming of Golden Nugget. "NYX has impressed us with their world-class gaming technology, open content approach and proven commitment to invest in the market. With NYX's help, we intend to take user experience to a whole new level for New Jersey online casino players".
This strategic partnership follows the closing of the previously announced acquisition by NYX of the remaining 50% of Sportech-NYX Gaming, LLC from NYX's joint venture partner Sportech Games Holdco, LLC and its previously announced expanded content distribution agreement with Scientific Games. This agreement marks an important milestone for the Company, expanding the total number of online gaming platform partnerships to 50% of all current authorised Internet gaming operators in New Jersey. According to the New Jersey Department of Gaming Enforcement, as of May 2015, the New Jersey online casino revenues were up 19.1% year-over-year.
About NYX Gaming Group:
NYX Gaming Group Limited is headquartered in Las Vegas with development out of Stockholm and Sydney. The group provides market leading content and technology to some of the largest lotteries, casinos and gaming operators across the globe. Through its recent acquisition of Ongame Network Ltd., a real money poker provider since 2001, NYX now offers a B2B poker network in both Europe and the United States. NYX offers a market leading suite of diversified gaming content including casino, poker, bingo and lottery games that players can enjoy on desktop, web and mobile. NYX Gaming Group Limited is listed on the Toronto TSX Venture Exchange (TSX-V: NYX).
For further information on the company please visit: www.nyxgaminggroup.com
About Golden Nugget Atlantic City
The Golden Nugget Atlantic City, located on Frank S. Farley Marina is a premier resort destination, offering guests more than 740 rooms and suites. The entire property has recently taken on a fresh, modern look to include a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounges, stylish retail offerings, as well as Landry's signature world-class restaurants; Haven nightclub; a luxury spa and salon; and H20 poolside lounge. The Golden Nugget has already established strong brand recognition worldwide with locations in Las Vegas and Laughlin, NV, Biloxi, MS and Lake Charles, Louisiana.
Launched in November 2013, GoldenNuggetCasino.com intends to offer the best user experience to New Jersey online and mobile real-money gaming players. Supported by the largest selection of online and mobile games, a user-friendly interface and world-class Customer Service, Golden Nugget is the fastest growing online casino operator in New Jersey.
For further information on the company please visit: www.goldennuggetcasino.com
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "potential" or the negative of these terms or other similar expressions. Forward-looking statements in this news release include, but are not limited to, statements with respect to accretive earnings and anticipated revenue. Forward-looking statements are based on certain assumptions about the business regarding expected growth, results of operations, performance, industry trends and growth opportunities. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements.
Forward-looking statements by their nature necessarily involve risks and uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future events, performance or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to: credit, market, currency, operational, liquidity and funding risks, including changes in economic conditions, interest rates or tax rates, the impact of government regulation on the online gaming industry and the risk that such regulation is subject to change, competition from other providers of online gaming services, the risks associated with international and foreign operations, the impact of consolidations in the online gaming industry and the other risks discussed under the heading "Risk Factors" in the Company's final long form prospectus dated December 18, 2014. The foregoing factors are not intended to represent a complete list of the factors that could affect the Company. The Company does not intend or undertake to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE NYX Gaming Group Ltd.
For further information: Matt Davey, Chief Executive Officer, NYX Gaming Group Limited, +1 (702) 586-8428, www.nyxgg.com; Renée Lam, Investor Relations, TMX Equicom, +1 (416) 815-0700 or +1 (800) 385-5451 ext. 258, [email protected]