Sci Games' acquisition of NYX gets over the line

acquisition deal between Scientific Games and NYX Gaming Group has now been completed, following months of legal challenges and retractions.

Following the announcement from the global gaming group, shares in NYX will be delisted from the TSX Venture Exchange on 10 January. Kevin Sheehan, Scientific Games’ CEO, commented: “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.”

The acquisition will add a vital sportsbook capability to an already comprehensive suite of services and products for the group, at a time when the repeal of PASPA and legalised sports betting is within touching distance for US players.

Furthermore, according to the release announcing the completion, “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.”