Scientific Games Completes NYX acquisition
Scientific Games announced its acquisition of NYX is complete. Scientific Games said it intends to delist NYX shares on or before the close of business on January 10 from the TSX Venture Exchange. Scientific Games first announced its acquisition deal the latter part of 2017.
“Today, Scientific Games moves forward as a leading digital provider of sports betting, iGaming and iLottery technologies, platforms, content, products and services. As we look to 2018, we are truly excited by the opportunities that this acquisition presents to us,” said Kevin Sheehan, Scientific Games CEO and President.
A spokesperson Scientific Gaming added to the comments saying the acquisition “perfectly positions” the company to capitalize with the sports betting and real-money play sectors of the platform with future regulatory developments by adding NYX Gaming’s OpenBet Sportsbook product.
They continued with “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.”