Scientific Games proposed acquisition of NYX Gaming (TSX:NYX) is a fair one, says M Partners analyst Zach Greenwald. On Wednesday, NYX Gaming announced it had agreed to be acquired for approximately $775-million by Las Vegas-based Scientific Games Corp. “Scientific Games’ acquisition of NYX will provide immediate and compelling cash value for our shareholders, expand the […]
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Buy Axion Ventures for a double, PI Financial says
Quarterly results he describes as “mixed” aren’t dampening PI Financial analyst David Kwan’s enthusiasm for Axion Ventures (TSXV:AXV). On August 29, Axion reported its Q2, 2017 results. The company generated EBITDA of negative $2.4-million on revenue of $2.02-million, a topline that was down 31.5 per cent from the $2.95-million the company posted in the same […]
Do you have a gambling problem? This new University of Calgary study will tell you
What does it take for a gambling hobby to turn into a harmful addiction? A team of researchers, led by S.R. Currie with the University of Calgary’s psychiatry department, sought out to obtain when this tipping point occurs. The study, “Deriving Low-Risk Gambling Limits from Longitudinal Data Collected in Two Independent Canadian Studies”, incorporated a […]
NYX Gaming keeps beating our expectations, says M Partners
Another quarter that bested street consensus expectations is more proof that NYX Gaming (TSXV:NYX) is undervalued, says M Partners analyst Steven Salz. Yesterday, NYX Gaming reported its Q1, 2017 results. The company earned $2.52-million on revenue of $58.9-million, a topline that was up 199.8 per cent over the same period last year. “With our new […]
NYX Gaming’s move away from poker will drive growth, says M Partners
Ahead of the company’s forthcoming first quarter results, M Partners analyst Steven Salz thinks NYX Gaming is quietly making all the right moves. Prior to the market open on May 30, NYX Gaming will report its Q1, 2017 results. Salz expects the company will post earnings of -$0.01 and EBITDA of $15.7-million on revenue of […]
NYX Gaming has 121% upside, says M Partners
M Partners analyst Steven Salz is more optimistic than the street about NYX Gaming’s upcoming fourth quarter results. On April 25, NYX will report its fourth quarter and fiscal 2016 results. Salz expects the company will generate fully diluted EPS of -$0.01 and EBITDA of $15.1-million on revenue of $55.6-million in the fourth quarter. His […]
Nintendo stops making NES Classic and the Switch is to blame
Were you excited to get your hands-on videogame giant Nintendo’s NES Classic? Well so was I. But it would appear that we are all out of luck. During November, when Nintendo’s NES Classic was first being released I woke up early and drove 45 minutes into town, only to be disappointed when we got to […]
Video game playing before bed linked to obesity in children, finds study
A new study from McMaster University draws an unhealthy connection between video game play, sugary drink consumption, poor sleep and obesity in children and adolescents. The study surveyed 125 children and youth between the ages of nine and 17 as part of a larger study on children’s sleep and physical activity at McMaster Children’s Hospital […]
NYX Gaming is oversold and misunderstood, says M Partners
M Partners analyst Steven Salz thinks there is an opportunity for investors to capitalize on what he thinks is a misunderstood stock in NYX Gaming (TSX:NYX). In a research report to clients today, Salz initiated coverage of NYX Gaming with a “Buy” rating and a one-year price target of $2.50, implying a return of 107.4 […]
University of Alberta poker bot Deepstack defeats Texas Hold ’em pros
It’s the classic battle of person versus machine, which resulted in a momentous victory for one AI program. The University of Alberta's Computer Poker Research Group created DeepStack, an artificial intelligence program that defeated professional human poker players at heads-up, no-limit Texas hold ‘em. Apart from this win being the first of its kind, it […]
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