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Scientific Games acquires NYX Gaming Group for CAD$775m

20th September 2017 1:21 pm GMT
Scientific Games

New York-listed Scientific Games Corporation has moved to strengthen its iGaming product range by agreeing a CAD$775m deal to acquire NYX Gaming Group.

Scientific Games said that the acquisition positioned the company to capitalise on future regulatory developments in real-money sports betting by adding NYX's OpenBet sportsbook to its portfolio.

Under the terms of the definitive agreement, Scientific Games will acquire all of the outstanding ordinary shares of NYX for CAD$2.40 per share, equivalent to an enterprise [...]

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