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NEWS 4 November 2016

NYX gains approval of British Columbia regulator

By Tom Lewis
Industry supplier NYX Gaming Group has announced that it has been granted “unconditional registration” as a Class B Supplier from the Gaming Policy and Enforcement Branch (GPEB) in British Columbia.

NYX will now be permitted to deploy its gaming content in British Columbia for the first time.

OpenBet, the sportsbook technology business acquired by NYX in May 2016, was certified in Canada in 2012, holding partnerships with the British Columbia Lottery Corporation (BCLC), Loto-Québec and the Atlantic Lottery Corporation.

The BCLC’s combined net win grew to CAD$2.36bn in 2016, with online gaming delivering growth of 24%.

Matt Davey, NYX Chief Executive, said: “Bringing NYX Gaming Group content to market in a growing and highly regulated jurisdiction like British Columbia is evidence of the synergies we are driving through our integration with OpenBet.

“NYX is committed to strict compliance and strong growth in regulated markets, so we are delighted to announce that we have been granted an unconditional registration in British Columbia.”

The news follows NYX’s recent expansion into the Italian retail market.

It was announced at the end of October that the provider had secured a licensing agreement, granting NYX the right to distribute its gaming content to the Italian land-based market.

RELATED TAGS: Legal & Regulatory
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