NYX signs deal with Sportech
Sportech and NYX will each hold a 50 percent interest in the joint venture company, and will equally share both the set-up costs, expected to be less than us$ 409,000 and the profits.
Sportech CEO Ian Penrose said: “This joint venture with NYX will extend our US product range into a full suite of online games as and when regulations permit.” He added: “It complements our established US position as a trusted supplier of terminal and online betting systems for horse racing to racetracks and casinos."
He concluded: “It is important to us that NYX has an operational base in Las Vegas, enabling them to work closely with our Sportech racing and digital business, to maximise the US opportunities.”
Sportech’s interests on the Board will be served by Ian Hogg, chief operating officer of Sportech’s international consumer facing businesses, and Mark Gregory, managing director of Sportech’s U.S. digital business.
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