Gambling in the USA
Scientific Games Completes Acquisition of NYX Gaming Group
LAS VEGAS, January 5, 2018 /PRNewswire/ — Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announced today that it is done with the previously announced acquisition of NYX Gaming Group Limited (TSXV: NYX) (“NYX”).
In association with the fulfilment of the acquisition, it is anticipated that the NYX ordinary shares will be delisted from the TSX Venture Exchange on or before the close of business on January 10, 2018.
Kevin Sheehan, the Scientific Games Chief Executive Officer and President said “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.”
Together, Scientific Games, a world leader extending customers a fully merged portfolio of technology platforms, robust systems, engaging content and services, and NYX, one of the fastest growing B2B real-money digital gaming and sports betting platforms in the world, form an industry-leading force across iGaming, iLottery and Sports. Scientific Games will now be perfectly positioned to capitalize on future regulatory developments in real-money wagering and sports betting by adding NYX’s industry-leading OpenBet Sportsbook. NYX’s digital Sportsbook can be seamlessly delivered throughout Scientific Games’ global gaming and lottery networks in existing and future regulated US and global markets.
To add to this, NYX’s worldwide channels, markets and customer base extends novel 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.
Company Contacts
Investor Relations:
Scientific Games: Michael Quartieri +1 7025327658
Executive Vice President and Chief Financial Officer
Media Relations:
Scientific Games: Susan Cartwright +1 7025327981
Vice President, Corporate Communications
[email protected]
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a global leader in technology-based gaming systems, table games, table products and instant games. It is a forerunner in products, services and content for gaming, lottery and interactive gaming markets. Scientific Games deliver what customers and players value most: trusted security, creative content, operating efficiencies and innovative technology. Today, Scientific Games offer customers a fully integrated portfolio of technology platforms, robust systems, engaging content and unrivalled professional services. For more information, please visit www.scientificgames.com.
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