Scientific Games completes NYX acquisition

News on 5 Jan 2018

Scientific Games has announced the completion of its acquisition of NYX and its intention to delist NYX shares from the TSX Venture Exchange on or before the close of business on January 10, 2018.

“Today, Scientific Games moves forward as a leading digital provider of sports betting, iGaming and iLottery technologies, platforms, content, products and services,” said Kevin Sheehan, Scientific Games CEO  and President. “As we look to 2018, we are truly excited by the opportunities that this acquisition presents to us.”

A statement from the company said the acquisition of NYX “perfectly positions” Scientific Gaming to capitalise on future regulatory developments in real-money wagering and sports betting by adding NYX’s OpenBet Sportsbook.

“NYX’s digital Sportsbook can be seamlessly delivered throughout Scientific Games’ global gaming and lottery networks in existing and future regulated U.S. and global markets.

“In addition, NYX’s worldwide channels, markets and customer base offer new growth opportunities to build on the significant momentum of Scientific Games’ existing interactive gaming business. The transaction will be accretive to earnings and cash flow this year,” the statement concluded.

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