NYX Gaming Group is free to complete its £270m acquisition of OpenBet after it was registered as a supplier by the regulator in the Canadian province of British Columbia, the last condition outstanding before the deal can be finalised.

The supplier has been approved and registered as a Class B supplier by the province’s Gaming Policy and Enforcement Branch (GPEB). The GPEB regulates all gaming in British Columbia, and ensure the integrity of gambling companies, people and equipment.

It is responsible for regulatory oversight of the British Columbia Lottery Corporation (BCLC), the province’s horse racing industry, and regulated gaming events.

While OpenBet’s platform and products were certified by the GPEB in 2012, NYX was also required to secure approval from the regulator before the deal, announced last month, could be completed.

As well as supplying products and technology to BCLC, OpenBet also works with two other Canadian provincial lotteries, Loto Quebec and the Atlantic Lottery Corporation.

"I'm delighted to announce the approval by the GPEB in British Columbia,” NYX chief executive Matt Davey commented. “Through the acquisition of OpenBet, NYX has positioned itself as the only end-to-end digital gaming supplier in regulated markets.

“The teams here at NYX, Openbet and at GPEB have worked tirelessly to deliver to schedule and we look forward to closing the deal on or about May 20th as planned.”

Shares in NYX Gaming Group Limited (Co.Data) (TSX:NYX) closed up 0.43 per cent at CAD$2.36 per share in Toronto yesterday.

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